In today’s technologically advanced world, documents and correspondences that were once sent by post are now exchanged electronically. This exchange takes place smoothly until a signature is required in the transaction. Then the entire process falls back to the real ‘e-less’ world of paper documents, faxes, snail-mail and even physical presence.
Technology, however, has not ceased to search for solutions to this barrier. The result: a method that is accurate and arguably more secure than the traditional handwritten signature, which allows documents to be signed online — e-signatures.
(Source: Business Today)