In a market set to grow to USD 5.5 billion by 2023, electronic signing still remains neglected by many businesses despite its simplicity.
Electronic signing goes across legal, societal, psychological, and technological areas. Opposed to popular belief, it is not the legal or technological aspects that create the main problems when implementing electronic signing solutions but rather the following two issues which are the most severe:
- Getting users and businesses acquainted to electronic signing.
- Getting electronic signatures incorporated into digital process flows in a smooth way.
As a third issue users must possess signing means. In many markets this is still a problem, in other markets where electronic identity is available, such means are widespread but with little use.
Better understanding of the properties of electronic signatures
The role of electronic identity in electronic signatures
eIDAS regulations in electronic signatures
Business value of electronic signatures