The E-SIGN Act in the Modern Digital Era: Relevance and Challenges

Summary:

The Electronic Signatures in Global and National Commerce Act (E-SIGN Act) remains a critical piece of legislation, 20 years after its enactment. Despite its ongoing relevance, the Act faces challenges in the modern digital era. The summary highlights three areas of ongoing relevance: expanding digital economy, consumer adoption, and business efficacy. However, the Act must adapt to technological advancements, prioritize data privacy, and harmonize with foreign electronic transaction laws to remain relevant and effective.