How do the digital signature and annotation features work, and how do they compare to electronic signatures?
An electronic signature is nothing more than an image of a signature placed in a document. There is no audit trail or anything that can tie the signer to the document. Plus, they can be easily forged. For example, I can take a piece of paper with your signature on it, scan it, put it on my computer, and sign documents with your signature. On the other hand, a digital signature is a higher form of electronic signature. With Sfax, we issue our users their own unique digital certificate, kind of like your fingerprint; it’s unique to you. It has a cryptonic hash—or computer code—associated with each user and the document. The digital certificate is stored on our servers. The benefit is that you can log in and sign from anywhere you have an Internet connection. After logging and being authenticated on the system, you can view the documents and place your signature where you want it before locking it into place. This creates a time and date stamp that ties your signature to the document. It