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Blockchain is also a great way to strengthen simple signature solutions

Posted: Tue Jan 07, 2025 8:36 am
by nurmohammadkhan
The simplest way to increase the value of a FES is to provide for the use of an OTP (one time password) code to be sent to the signatory, via SMS, app or email. Sending the OTP code to a device owned by the signatory constitutes a form of authentication of the signatory, and allows the person to further confirm their willingness to sign that specific document.

Furthermore, many signature solutions already on the market, such as the one cayman islands whatsapp resource made available by Doxee , provide for the production of a file that collects signature evidence, which is associated with the signed document. The file collects and documents the events that characterized the life cycle of the document up to the moment of signing, for example the date and time in which the document was submitted to the signatory and the moment in which the signature was applied. In this way, it is possible to associate a time reference to each event and place it with certainty in a precise date and time.

by crystallizing the hash imprint of the signed document and ensuring a form of protection against future tampering and illicit modifications. Finally, all signed documents can be taken to legal storage, to ensure their unalterability and preservation for as long as necessary.