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What is an electronic signature and how does it have legal effect?
The electronic signature of electronic contract is not the digital visualization of handwritten signature, but refers to the data that appears in electronic form in the data message through asymmetric encryption and blockchain technology, with the identification of the signer and the content approved by the signer.

A legally binding electronic contract has the following four elements:

1, true identity (when electronic signature data is used for electronic signature, it belongs to the electronic signer exclusively)

2. True will (when signing, the electronic signature production data is only controlled by the electronic signer)

3. The signature has not been changed (any changes to the electronic signature can be found after signing).

4. The original text has not been changed (any changes in the content and form of the data message can be found after signing)

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The traditional "black and white" credit information recording method will be completely revolutionized, and the information data with contractual relationship will become more and more electronic. The Contract Box will record, store and manage these important digital assets for you.