The difference between a physical and an electronic signature
lies in how they are created and used. In the eyes of the law,
both of them are legally binding.
A physical signature is a handwritten mark made with a pen on
a paper document. It’s often considered personal, as it is unique
to your handwriting. You would typically use it in face-to-face
transactions, and the document must be physically handled and stored.
An electronic signature,
on the other hand, is a digital representation
of your signature, created using tools like DoxFlowy.
You can draw, type, or upload an image of your signature
and apply it to digital documents. Electronic signatures
are more convenient for remote or online transactions, allowing you
to sign documents from anywhere. They are legally binding in many
jurisdictions and often come with additional security features like
timestamps or identity verification.
While both serve the same legal purpose, electronic signatures are more
efficient for digital workflows, while physical signatures are more traditional
and suited for paper-based processes.