eSignatureTrust: Ensuring Compliance with the U.S. ESIGN Act and UETA

Learn how eSignatureTrust ensures compliance with the U.S. ESIGN Act and UETA, providing a secure platform for electronic transactions. Explore the key features that protect the integrity of your documents and data.

  1. Compliant with the ESIGN Act and UETA: eSignatureTrust follows federal and state-level laws, ensuring the legal validity of electronic signatures and records.
  2. Identity verification: Advanced methods like email verification, SMS codes, and knowledge-based authentication confirm the signer’s identity for secure transactions.
  3. Tamper-evident technology: Protects the integrity of electronic documents, detecting any unauthorized changes and preserving their authenticity.
  4. Digital signature certificates: Issued for every signed document, these certificates provide a secure, encrypted connection and verify the signer’s identity.
  5. Audit trails and secure storage: Comprehensive audit trails track all document actions, while secure storage and controlled access protect sensitive information.

Introduction:

Electronic signatures have gained widespread acceptance and are now legally recognized in most countries, including the United States. Two critical pieces of legislation, the Electronic Signatures in Global and National Commerce Act (ESIGN Act) and the Uniform Electronic Transactions Act (UETA), provide the legal framework for the use of electronic signatures in the U.S. In this article, we will discuss these two acts and how eSignatureTrust secures the relationship between parties involved in electronic transactions.

The ESIGN Act and UETA: A Brief Overview

  1. The ESIGN Act:

The ESIGN Act, enacted in 2000, is a federal law that grants electronic signatures the same legal status as traditional, ink-on-paper signatures. The act applies to transactions involving interstate or foreign commerce and ensures that electronic contracts and signatures are not denied legal validity solely because they are in electronic form. Key provisions of the ESIGN Act include:

  • Ensuring that electronic signatures and records are as legally valid as their paper counterparts.
  • Establishing that electronic signatures must be demonstrably linked to the signer and the document.
  • Requiring that electronic signatures show the signer’s intent to sign the document.
  1. UETA:

UETA, adopted by 47 states, the District of Columbia, and the U.S. Virgin Islands, is a state-level law that establishes the legal validity of electronic signatures and records. Like the ESIGN Act, UETA ensures that electronic transactions are not denied legal validity solely because of their electronic nature. UETA provides a uniform set of rules for electronic transactions, including:

  • Recognizing electronic signatures and records as legally valid.
  • Confirming that electronic contracts are enforceable.
  • Ensuring that electronic transactions can satisfy legal requirements for written documentation.

How eSignatureTrust Secures the Relationship between Parties

eSignatureTrust ensures compliance with both the ESIGN Act and UETA while providing a secure and reliable platform for electronic transactions. Here’s how eSignatureTrust secures the relationship between parties involved in electronic transactions:

  1. Identity Verification:

eSignatureTrust uses advanced identity verification methods, such as email verification, SMS codes, and knowledge-based authentication, to confirm the signer’s identity, ensuring that only authorized individuals can access and sign the documents.

  1. Tamper-Evident Technology:

eSignatureTrust employs tamper-evident technology to protect the integrity of electronic documents. Any changes made to a signed document are immediately detected, alerting all parties involved and preserving the document’s authenticity.

  1. Digital Signature Certificates:

Digital signature certificates are issued with every signed document, providing a secure, encrypted connection between the signer and the document. These certificates verify the signer’s identity and ensure the document’s integrity.

  1. Audit Trails:

eSignatureTrust maintains comprehensive audit trails for all electronic transactions, documenting every action taken on a document, including signing, viewing, and modifying. These audit trails provide an additional layer of security and traceability, ensuring compliance with both the ESIGN Act and UETA.

  1. Secure Storage and Access:

eSignatureTrust offers secure storage for electronic documents, using encryption and advanced security measures to protect sensitive information. The platform also enables controlled access to documents, ensuring that only authorized parties can view, sign, or modify them.

Conclusion:

eSignatureTrust is a secure and reliable platform that complies with the U.S. ESIGN Act and UETA, providing the necessary tools and safeguards to protect electronic transactions.

By choosing eSignatureTrust, businesses and individuals can confidently conduct electronic transactions, knowing that their signatures and agreements are legally valid and secure.