The document traces the history and evolution of signatures from ancient pictographs and seals in 3000 BC to modern electronic signatures. It discusses how signatures have developed from seals used by Sumerians and Egyptians, to the widespread use of handwritten signatures in legal documents in the 1600s, to the legal recognition of digital signatures via telegraph in 1869. The document also outlines key signature technologies like fax machines and how electronic signature laws like the E-Sign Act of 2000 have facilitated the use of digital signatures.
http://www.newgensoft.com/solutions/banking-finance/payments-solutions/cheque-truncation-system-cts/
There is a sweeping change in the way paper checks are being processed, cleared, and settled today. The most critical of these changes is the point-of-entry capture of check images, as far upstream in the process as possible. This is largely driven by the need for faster transactions fueled by a demanding customer base.
Newgen Check Image Clearing System (CICS) or Check Truncation System (CTS) reduces the time taken to clear checks by converting physical checks into high quality images very early on in the process. CTS is a web-based solution, enabling bank’s personnel to access the solution from any machine in the bank’s network. The check image is truncated at the presenting bank and seamlessly moves through various steps in the check-clearing cycle. Leveraging Newgen’s advanced imaging capabilities and internationally acclaimed BPM platform, the solution enables better customer services and enhanced operational efficiency for banks by cutting down on the overheads involved in physical clearing. It also leads to better reconciliation and prevention of fraud.
Celebrate National eSign Day 2016 with DocuSignDocuSign
The Electronic Signatures in Global and National Commerce Act is a United States federal law passed by the U.S. Congress to facilitate the use of electronic records and electronic signatures.
http://www.newgensoft.com/solutions/banking-finance/payments-solutions/cheque-truncation-system-cts/
There is a sweeping change in the way paper checks are being processed, cleared, and settled today. The most critical of these changes is the point-of-entry capture of check images, as far upstream in the process as possible. This is largely driven by the need for faster transactions fueled by a demanding customer base.
Newgen Check Image Clearing System (CICS) or Check Truncation System (CTS) reduces the time taken to clear checks by converting physical checks into high quality images very early on in the process. CTS is a web-based solution, enabling bank’s personnel to access the solution from any machine in the bank’s network. The check image is truncated at the presenting bank and seamlessly moves through various steps in the check-clearing cycle. Leveraging Newgen’s advanced imaging capabilities and internationally acclaimed BPM platform, the solution enables better customer services and enhanced operational efficiency for banks by cutting down on the overheads involved in physical clearing. It also leads to better reconciliation and prevention of fraud.
Celebrate National eSign Day 2016 with DocuSignDocuSign
The Electronic Signatures in Global and National Commerce Act is a United States federal law passed by the U.S. Congress to facilitate the use of electronic records and electronic signatures.
The Electronic Signatures in Global and National Commerce Act is a United States federal law passed by the U.S. Congress to facilitate the use of electronic records and electronic signatures.
A Brief History of Electronic SignaturesNitro, Inc.
This year, June 30th marks the 15th anniversary of The Electronic Signatures in Global and National Commerce Act, a piece of legislation passed to facilitate the use of electronic records and signatures in domestic and foreign commerce.
This infographic gives a brief history of electronic signatures, which have (technically) been used since the mid 1800's!
Celebrate National ESign Day with DocuSignDocuSign
What is this all about? The Electronic Signatures in Global
and National Commerce Act. It is the United States federal law
passed by the U.S. Congress that facilitates the use of electronic
records and electronic signatures.
A report of the investigation project carried out on Edward II charter by the students of Lincoln University in collaboration with Lincoln city council.
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The Electronic Signatures in Global and National Commerce Act is a United States federal law passed by the U.S. Congress to facilitate the use of electronic records and electronic signatures.
A Brief History of Electronic SignaturesNitro, Inc.
This year, June 30th marks the 15th anniversary of The Electronic Signatures in Global and National Commerce Act, a piece of legislation passed to facilitate the use of electronic records and signatures in domestic and foreign commerce.
This infographic gives a brief history of electronic signatures, which have (technically) been used since the mid 1800's!
Celebrate National ESign Day with DocuSignDocuSign
What is this all about? The Electronic Signatures in Global
and National Commerce Act. It is the United States federal law
passed by the U.S. Congress that facilitates the use of electronic
records and electronic signatures.
A report of the investigation project carried out on Edward II charter by the students of Lincoln University in collaboration with Lincoln city council.
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Signatures Through the Ages: Tracing the Evolution from Seals to E-Signatures | DrySign India
1. History of Signatures: Evolution from the Seal to E-signatures| DrySign Blog
Signatures Through the Ages: Tracing the Evolution from Seals
to E-Signatures | DrySign By Exela
Around 3000 BC, the Sumerians and Egyptians pioneered the use of pictures and symbols
to convey meaning, marking the beginning of our enduring fascination with signatures. From
the earliest pictographs to modern electronic signatures, the concept has evolved over time.
Nowadays, it's commonplace for everyone to have a signature they use for various
purposes, from signing legal documents to restaurant receipts and delivery forms. It's
interesting to note that a signature is not simply one's regular handwriting, but rather a unique
reflection of an individual's personality that carries legal importance.
Signatures can be particularly intriguing when it comes to notable figures, such as influential
leaders, artists, and celebrities. For example, a Christmas card signed by Adolf Hitler himself
was discovered in 1941. The card was printed on heavy cardstock with a Nazi eagle and
swastika imprint in the upper left-hand corner, and the signature in the lower right-hand
corner was difficult to decipher. This serves as a testament to the historical significance of
signatures and their ability to offer insight into the past.
In this blog, we will explore the history of signatures, including their legal dimensions and
cultural influence, so let's dive in!
2. History of Signatures: Evolution from the Seal to E-signatures| DrySign Blog
History of Signatures
"The history of signatures is the history of civilization." - Stephen Greenblatt
Signatures have had a long history of use in Europe, with evidence of their existence dating
back to 3000 BC. However, the signing of the Magna Carta in 1215 is a notable example
highlighting the significance of signatures. This document was signed by English barons who
compelled King John to agree to a charter of rights documented in the Magna Carta.
Additionally, the legal significance of signatures was established in 1677 with the English
parliament's enactment of the Statute of Fraud Act. This act required that wills, contracts,
and grants be written and signed to prevent fraudulent activities.
3500 BC: The first signature
Around 3500 BC, the Sumerians introduced the concept of signatures through the use of
seals. These seals, which were typically attached to small round cylinders about an inch
in length, would be pressed onto wet clay to authenticate documents. The practice of
using seals continued for centuries, and even one of England's most significant
documents, the Magna Carta, was "signed" with the King's seal. According to the Oxford
English Dictionary, the act of signing refers to putting a seal or signet on a letter or
document to identify or authenticate it.
1800-1200 BC: Invention of alphabets and vowels
From 1800 to 1200 BC, the Phoenicians created the first known alphabet, consisting of
22 consonants but no vowels. It was not until the Greeks adopted the Phoenician
alphabet around 1200 BC that vowels were added to the system, creating the first true
alphabet with both consonants and vowels.
600 BC: Invention of the Latin alphabet
The Latin alphabet was developed around 600 BC, following the Greek alphabet. This
alphabet has been widely used by various countries across the globe throughout
history.
AD 57: Hanko Seal
In AD 57, Japan introduced the Hanko Seal, also known as Inkan, as a carved stamp used
to delegate authority. Although the Japanese government is reportedly phasing out the use
of Hanko in many situations, it is still widely used and will continue to be for the foreseeable
future. Individuals and corporations can choose from three common types of Hankos:
Jitsu-in: Used while signing a contract.
Ginko-in: Used for financial transactions.
Mitome-in: used for everyday tasks such as receiving parcels or stamping invoices.
1069: Earliest known signature
3. History of Signatures: Evolution from the Seal to E-signatures| DrySign Blog
The first recorded signature of a famous historical figure is attributed to El Cid, a medieval
Spanish nobleman and military commander, in 1069.
The 1600s: Widespread use of signatures
During the 1600s, the usage of signatures became more widespread as they were commonly
used on paper documents. In 1677, the Parliament of England mandated that certain
contracts must be signed to be legally binding, further cementing the importance of
signatures in legal documents.
1867: Statute of Frauds
In 1867, England enacted the “Statute of Frauds,” which required specific transactions to
have a “note or memorandum in writing” that was “signed by the parties” in order to be legally
valid. This statute significantly impacted U.S. commercial law and served as the precursor
to the Uniform Commercial Code (UCC). Samuel Morse’s invention of the telegraph in 1844
posed a challenge in authenticating electronically transmitted messages. However, by 1867,
telegraphed signatures met the legal requirements for “written signatures” under the Statute
of Frauds, marking a significant legal victory for electronic commerce. This tradition persisted
with the acceptance of telephonic signatures in 1918, audio recordings in 1972, and fax
machines in 1988.
1869: Acceptance of digital signatures via telegraph
In 1869, before the advent of computers and captcha, businesses were using Morse code
and telegrams to communicate and sign contracts. To protect these documents, laws had
to be implemented. The New Hampshire Supreme Court accepted digital signatures via
telegraph in the same year, declaring that it made no difference whether a signature was
made with a regular ink pen or electronically.
20th Century: The Rise of the Fax Machine
During the 20th century, the fax machine rose to prominence as a popular and efficient way
to transmit images of documents with legally binding signatures over phone networks. The
word "fax" is derived from "facsimile," and the technology underwent several iterations over
the years. The fax machine was preceded by the Telautograph, invented by Elisha Gray in
1888 as a means of sending signatures across distances. The technology evolved to include
wireless capabilities, with Richard H. Ranger sending a picture of President Calvin
Coolidge from New York to London using the Photoradiogram in 1924. This led to the
development of Radiofax, which is still used for transmitting maritime weather maps.
Additionally, the Hellschreiber, invented by Rudolf Hell, allowed for data to be transferred
over long-distance radio using fax technology. Herbert E. Ives later invented the Color
Facsimile, and in the 21st century, 3D Fax was introduced for scanning and transmitting 3-
dimensional data. Despite its numerous twists and turns, fax technology remained widely
used until the mid-2000s and is still used today in various contexts. During the 1980s, many
courts declared signed documents sent via fax to be legally valid.
4. History of Signatures: Evolution from the Seal to E-signatures| DrySign Blog
2000: ESign Act
In June 2000, the Electronic Signatures in Global and National Commerce (E-SIGN) Act
was signed into law by President Clinton after being passed by Congress. This law
recognizes the legal validity of electronic signatures and records in both foreign and
interstate commerce. It was a major step towards facilitating the use of electronic
contracts. Interestingly, President Clinton signed the act both electronically and using a
traditional pen and ink method. The E-Sign Act became effective on October 1, 2000,
and granted electronic contracts the same legal status as those executed on paper.
Electronic signatures are revolutionizing traditional paperwork
The use of signatures has been a crucial part of human history, serving various purposes
such as business transactions, financial management, education, and daily routines.
However, with the emergence of advanced technology and new platforms, digital signatures
have revolutionized traditional paperwork. Nowadays, eSignatures are essential to business
operations and daily activities thanks, in part, to their convenience and security. Following
are the top e-signature trends for 2022:
Businesses will continue to adopt hybrid work experiences
As remote and hybrid work becomes increasingly prevalent, businesses are adjusting
to this new normal by leveraging electronic signatures to streamline their operations
and enhance employee satisfaction. Given the benefits of remote work and the
growing demand for flexible job arrangements, it is likely that more and more
organizations will adopt hybrid work experiences in the coming years.
Also Read: Digital Signatures: Streamlining Remote Work
Global regulations will allow more types of documents to be signed digitally
The history of signatures illustrates how worldwide regulations have facilitated the use
of digital signatures. These regulations are expected to expand the range of
documents that can be digitally signed in the near future.
Establishment of a more robust identity assessment
The technological advancements have highlighted the importance of increased
security and privacy measures. As digital signatures become more prevalent, it has
become necessary to establish more robust identity assessment methods.
Traditional form-based processes will convert to intelligent, conversational
experiences
The benefits of digital signatures are clear, and they are transforming how we handle
paperwork. As technology advances, we can expect traditional form-based processes
to be replaced with more intelligent and conversational experiences through electronic
records.
5. History of Signatures: Evolution from the Seal to E-signatures| DrySign Blog
These trends forecast a promising future for electronic signatures. As per a recent
market research report, the digital signature market is projected to grow at a CAGR of
36.1% and reach USD 35.03 billion by 2029. These figures serve as evidence of the
continuous evolution of signatures over the years, which is expected to persist in the
coming years.
Get DrySign
As the usage of e-signatures becomes increasingly prevalent, DrySign, an online digital
signature solution, is committed to embracing new developments and delivering a wide
range of advantages akin to the evolution of traditional signatures. DrySign is a reliable
electronic signature platform that offers numerous benefits to users.
With DrySign, you can sign documents from anywhere in the world using any
electronic device.
Using DrySign e-signatures helps to reduce travel time, paper cost,
pollution,greenhouse gas emissions, plastic waste, and more.
DrySign electronic signatures provide greater security with strong user authentication
methods to ensure the authenticity of the signer.
DrySign e-signatures comply with specific e-signature laws to avoid legal disputes
and ensure the validity of the signed document.
Multiple signatories can sign a document electronically through DrySign without any
hassle, making it a convenient and efficient option for businesses and individuals alike.
Source: faxauthority.com | bbc.co.uk | fortunebusinessinsights.com
Any Doubts? Click here for eSignature FAQs
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DISCLAIMER: The information on this site is for general information purposes only
and is not intended to serve as legal advice. Laws governing the subject matter may
change quickly, and Exela cannot guarantee that all the information on this site is
current or correct. Should you have specific legal questions about any of the
information on this site, you should consult with a licensed attorney in your area.
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