task of predicting how e-signatures will be used, rather than reacting to how they are used. Differing policies reflect differing assumptions about the future of these technologies and how to influence them. An electronic signature is an integral part of secure electronic transactions. In the physical world today, there are requirements for documents to be in writing with hand-written signatures. Such requirements need to be translated into the electronic realm. For communication and transactions occurring over a faceless network, there is a need for reliable methods to authenticate a person’s identity and to ensure the integrity of the electronically transmitted documents. Electronic Signatures provides integrity, authenticity and non-repudiation of electronic transactions. This revolutionary technology is very important, since it opens new frontiers in dealing with data or information transmission, validation, recording and retrieval. Is expected that with the electronic transaction and electronic signature legislature in place, e-commerce will truly flourish.ConclusionAn electronic signature, which incorporates cryptography, encryption and decryption, is important, to this business, the government, and all of us as individuals. Safe and secure communications between companies, as well as, between individuals has evolved into a necessity. Individuals have come to expect safe and secure transmission of email messages, and entrust our paycheck to be deposited by our employer through EFT (Electronic Funds Transfer). In addition, as computers get faster, there is a need to ensure the standards are the best they can be. The world is growing so fast and computer systems have been so quick that both have taken their toll on the current standards. Without a doubt, an e-signature program can relieve this company of its current dilemma, by providing it with a way to perform business online. The use of e-signatures by...
