Clinton Signs E-Signatures Act - InformationWeek

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Clinton Signs E-Signatures Act

President Clinton today signed the Electronic Signatures in Global and National Commerce Act, a bill that will provide electronic documents and signatures with the same legality as paper documents.

The measure, approved by both the House of Representatives and the Senate earlier this month, is expected to make E-commerce more viable for both business-to-business and business-to-consumer markets. The bill will save customers and businesses both time and money for transactions such as online purchases and loan applications, White House officials say.

Clinton, however, stuck by tradition. He signed the bill first with a pen before applying a digital signature using smart-card technology.

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