The Uniform Electronic Transaction Act (UETA) and the Federal Electronic Signatures in Global and National Commerce Act (ESIGN) empower electronic documents and electronic signatures to be used with the same effect as paper documents and ink signatures. Additionally, the Uniform Commercial Code (UCC) Article 9, along with UETA and ESIGN, set standards for electronic documents to be pooled, sold, securitized and collateralized. These stringent requirements for the handling of electronic documents as part of online contracts which can be transferred or sold have resulted in infrastructure conflict, risk management issues and process complexity for many organizations.
eOriginal eliminates confusion with a proven process that provides all the elements required to develop UETA and ESIGN compliant applications, so you can manage and monetize your digital transactions with eCertainty®.
Having eCertainty is critical to your funding and overall valuation if you’re an organization that needs, or will need in the future, the ability to securitize, pool or pledge your eAsset documents in the secondary market. It is also critical if investors, subcontractors or reseller relationships with other parties may have an audit requirement or a security interest.