What is the role of digital signatures in e-commerce transactions?
Digital signatures are an important part of e-commerce transactions in Washington state. They are used to authenticate electronic transactions, documents, and signatures. Digital signatures are electronic versions of handwritten signatures and are unique to each individual. They are created using public key infrastructure (PKI) technology, which uses two keys to verify the authenticity of a digital signature. The role of digital signatures in e-commerce transactions is to provide legal proof of the parties involved in a transaction. Digital signatures send data to confirm the identity of the parties in a transaction and to authenticate that they are the ones who initiated it. In order to be legally binding, digital signatures must be used in conjunction with a secure server and an appropriate warranty. This ensures that parties to the transaction have agreed to the terms and conditions of the agreement. Digital signatures can also be used to detect fraudulent activity in e-commerce transactions. They provide a secure way for businesses to verify that a person is who they say they are and that the transaction is legitimate. Additionally, digital signatures can be used to encrypt files and documents, providing an extra layer of security in e-commerce transactions. In summary, digital signatures have an important role to play in e-commerce transactions in Washington state. They provide legal proof of parties to a transaction, verify authenticity, and protect against fraudulent activity. As such, they are an essential part of keeping e-commerce transactions secure.
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