Signature Authenticity Definition and Examples

Understanding Signature Authenticity for e-Signing

In the world of electronic documentation, signature authenticity plays a crucial role in ensuring that agreements and contracts are both legally binding and secure. Signature authenticity refers to the assurance that the person signing the document is indeed the person they claim to be, and that the signature has not been altered or forged.

What is Signature Authenticity?

Signature authenticity is the process of verifying the genuineness of a signer's identity and the integrity of their signature in an electronic document. This validation ensures that both parties in a transaction can trust the signed document, reducing the risk of fraud and legal disputes.

How is Signature Authenticity Achieved?

1. Identity Verification: Before signing, the e-signature platform typically uses various methods to verify the signer's identity. This can include email verification, two-factor authentication (2FA), and even asking for photo ID.

2. Digital Certificates: Some e-signature solutions, like GoodSign, utilize digital certificates issued by trusted Certificate Authorities (CAs). These digital certificates bind the identity of the signer to a digital key, providing an additional layer of security.

3. Audit Trails: A comprehensive audit trail records every action taken on the document—from the moment it is sent to when it is fully executed. This log includes timestamps, IP addresses, and other forensic data, making it easy to track and verify all interactions.

4. Encryption: Encrypting the document ensures that its contents cannot be altered once signed. The encryption keys used during this process are only accessible to authorized parties.

Examples of Signature Authenticity in Use

• Contract Agreements: When signing a business contract using GoodSign, both parties can be confident that the signatures are authentic due to robust identity verification and digital certificates.

• Mortgage Applications: During complex transactions like mortgage processing, maintaining the authenticity of signatures is critical. GoodSign’s secure processes ensure that all e-signed documents are genuine and tamper-proof.

• Legal Documents: For legal documents that require the highest levels of integrity and non-repudiation, GoodSign’s audit trails and encryption provide the needed assurance that the signatures are authentic.

The GoodSign Advantage

GoodSign offers an industry-leading solution to signature authenticity by providing a pay-per-use model at only $1.50 per envelope sent. This means no hefty subscription fees, no hidden costs for additional team members, and all features and integrations are instantly accessible. With GoodSign, you get the same level of security and authenticity as more expensive e-signature solutions without the financial burden.

Invest in GoodSign and ensure the authenticity of every signature, every time. Try GoodSign today and experience a seamless, secure e-signing process.

Understanding and ensuring signature authenticity is paramount in today’s digital transactions. With solutions like GoodSign, achieving this has never been more efficient or cost-effective.