Digital Signatures
by Danny on December 13, 2009Tiger Woods’ website prominently features his handwritten signature. He also “signs” each of his blog posts with the same signature image. This signature can easily be copied, reused, and misused. I can “sign” this post just like he does.
I can also take this image and print it out on a contract. Perhaps I may need to do some photoshop tricks to make it look more authentic, but bottom line is that a handwritten signature or its image isn’t very secure.
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Legal Contracts 2.0
by Danny on December 6, 2009Back when John Hancock signed the US Declaration of Independence in 1776, contracts were drafted by hand and signed by hand. Now, over 200 years later, lawyers usually draft contracts on a word processor and then print them out to sign. They may use spell checking, cut and paste templates, but the process is still lawyer creates contract, paper version printed and then signed by hand.
Our goal is to change this. As a legal product, “declaring independence” is not common, while another product, Incorporation, is quite common with thousands of companies incorporating every day. The legal contract creation involved is repetitive, making this an ideal process for us to automate.
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