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Brazil's 2020 Law on the Use of Electronic Signatures aims to promote digital transactions and transition from paper-based processes. The law categorizes electronic signatures into three classes (simple, advanced, and qualified) based on security measures and use cases. The law recognizes electronic signatures as legally valid and provides legal certainty, expected to improve ease of doing business and financial inclusion. However, the shift towards digitization poses cybersecurity and legal awareness challenges. The law's effective implementation requires robust security measures and public awareness initiatives.

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