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Oneflow automates the entire contract process from start to finish, all in one place. Turning clunky, static agreements into helpful, digital contracts.
Processes are faster, decisions are better, and deals are quicker. It’s an easier, smoother, and smarter way for teams of all shapes and sizes to handle their contracts.
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Today, we delve into the world of digital signatures and electronic signatures. And mind you, they are not one and the same. In this video, we’ll break down the differences.
Here is an extremely dated example but to make it easy for us:
Imagine you're sending a letter to your grandpa. Your signature at the end of your letter, that's your personal stamp of authenticity. But how can you ensure that your letter reaches your grandpa unopened and untampered?
In this example we’d rely on the postal service to deliver it unchanged, so that grandpa sees your kind message the way it was supposed to be read. And when he opens your letter, he sees your signature at the end confirming that it came from you.
You see, that signature is paramount for security and trust. It guarantees that information comes from the right source
Now, let's discern the distinction between electronic and digital signatures.
An electronic signature is like a handwritten signature. It’s unique to every person and contains personal identification information. No one else can use your e-signature, and you legally can’t use other people’s.
But a digital signature is akin to that uniquely crafted wax seal on a handwritten letter—a testament to its authenticity.
Digital certificate. An electronic document verifying identities, akin to a digital passport, if you will. It holds the public key, name, and other identifying details.
Now, a Certificate Authority is a trusted entity, that issues digital certificates and validates the authenticity of websites or users. Think of them as the gatekeepers.
Creating a digital signature is a breeze with the right software. Oneflow, offers various options like remote signing to automated workflows, and much more to reduce contract admin and create contract magic.
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