President Clinton signing the E-SIGN Act into law last year may not rank up there with John Hancock signing the Declaration of Independence (or Alex Rodriguez signing a $250 million contract with the Texas Rangers), but for those working in the field of electronic signatures-and those waiting for electronic commerce to fulfill its potential-it was a very big moment. A sign of the times, if you will.

The Electronic Signatures in Global and National Commerce Act hasn’t changed the way business is conducted, but it kicked open a door to the future: one in which the world of paper signatures could be crumpled up and thrown into the waste can. E-SIGN simply removed state governments from the tangle of laws that governed the use of electronic signatures in this country; it removed impediments that made public-key infrastructure (PKI) technology king in one state, while others preferred electronic facsimiles. Most importantly, it created legal recognition for electronic signatures in interstate and international commerce.

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