Business Plans: Signature Software
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Along with fingerprints and DNA, a persons signature is one of the most sure ways of identifying them. This holds true for handwriting in general, but even more so with a signature because it is done almost without thought. Because a person has likely signed his or her own name thousands to tens of thousands of times, it has passed into muscle memory. This means that specific traits and patterns are inevitable and are difficult to duplicate.
Forgery is still a problem because a signature can be copied with surprising similarity. However just because two signatures look alike, does not mean that they were produced in the exact same manner. Every person has several distinct traits that arise when signing his or her own name. These traits include the speed with which the signature is made, the rhythm of the individual strokes, the amount of pressure applied to the pen, and the manner in which each letter is formed–or not formed as the case may be.
Such signature traits can be captured and recorded during the signing process. Called biometrics, these traits can be cataloged and compared to known biometric characteristics. Signature software not only allows people to submit electronic signatures (allowing companies to store signatures digitally rather than on paper) it can help them prove fraudulent signatures are indeed fraudulent. Because of the accuracy with which all of this can be done, electronic signatures are rapidly gaining legal status. Having quality signature software and equipment can be a great investment, especially since digitally stored records can be much easier to search and locate than traditional records and receipts.
The Legal Status of Electronic Signatures
In a majority of the United States and in developed nations around the globe, an electronic signature is considered legally binding for many purposes. The few purposes for which they are not acceptable are for signing marriage licenses, wills, and the like. For signing contracts and signing for packages, an electronic signature is as good as gold in many places. It is still not universal, though, so if you are interested you should check the laws in your particular state or province.
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Posted on: Monday, June 23, 2008 at 11:59 am 
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