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Forrester Research has confirmed the advantages of digital signatures versus electronic signatures.

“The time for a digital signature is now.”

The terms ‘digital signature’ and ‘e-signature’ are often used interchangeably, but digital signatures are fundamentally superior. Long utilized in secure transactions, PKI-based digital signatures are now in high demand as businesses realize new opportunities through digital transformation. As a result, online signature usage has exponentially increased due to the benefits in speed, cost, and convenience combined with the need to conduct critical business transactions through browsers and internet-connected devices.

SIGNiX revolutionized the industry with its introduction of a patented, cloud-based digital signature solution which addressed many of the obstacles that previously limited digital signature utilization, including its initial and ongoing costs, complexity and inflexibility. SIGNiX offers a cost-effective and easy to use solution, but with the compelling advantages in security, privacy, integrity, and embedded legal evidence only possible via public key infrastructure based on international standards.

In the Forrester Research Report, “The Time for a Digital Signature Is Now,” Forrester is candid in their assessment of digital signatures:

  • “Companies that so far relied only on simple e-signatures must rethink that strategy.”

  • “Digital Signatures Increase Trust...”

  • “Digital signatures offer greater assurance than simple e-signatures about the identities of the parties involved in a transaction. They embed a personal key infrastructure (PKI) into the signing process to identify both the party requesting a signature and the party providing one. This also guarantees that an electronic document is authentic”

  • "Advanced [digital] signatures are legally binding.”

  • “…eIDAS [the EU’s comprehensive online signature regulation] is shaping the digital signature market globally. It increases the security and legality of transactions involving customers, businesses, and even machines.”

Forrester’s detailed analysis leaves little doubt relative to the preferred technology for individuals and enterprises with an interest in both the benefits of online signatures and the mitigation of the legal and security risks associated with common e-signatures.

 

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