but what is ya'll opinion about the news at tthe dashbord of btcjam saying:
"Please note that all the digital signatures provided on the arbitration awards are valid and as legally enforceable as paper signatures. Below the full statement from Dhami Law, the company that issues the awards: "Pursuant to the Electronic Signatures in Global and National Commerce Act and Uniform Electronic Transactions Act, electronic or digital signatures are equally valid, and legally enforceable, as paper signatures. Electronic/digital signatures include images of signatures, the typed name of the signing party, electronic symbols intended to indicate the signature of the party, and encrypted keys, any of which establish the present intent to authenticate, adopt, and execute a record/document of the party.""
"Please note that all the digital signatures provided on the arbitration awards are valid and as legally enforceable as paper signatures. Below the full statement from Dhami Law, the company that issues the awards: "Pursuant to the Electronic Signatures in Global and National Commerce Act and Uniform Electronic Transactions Act, electronic or digital signatures are equally valid, and legally enforceable, as paper signatures. Electronic/digital signatures include images of signatures, the typed name of the signing party, electronic symbols intended to indicate the signature of the party, and encrypted keys, any of which establish the present intent to authenticate, adopt, and execute a record/document of the party.""
Unfortunately I think they are wrong
BTCjam removed my comment, so now it can only be seen here in the screendump
Here is a link to the law they are talking about - https://www.gpo.gov/fdsys/pkg/PLAW-106publ229/html/PLAW-106publ229.htm
...and here is a quote from section 103 of the same law (emphasis added..):
Quote
(b) Additional Exceptions.--The provisions of section 101 shall not apply to--
(1) court orders or notices, or official court documents (including briefs, pleadings, and other writings) required to be executed in connection with court proceedings;
(1) court orders or notices, or official court documents (including briefs, pleadings, and other writings) required to be executed in connection with court proceedings;
This link explains what the "electronic signature" mentioned in the above law is -
https://en.wikipedia.org/wiki/Electronic_signature
Here in Europe we use the "advanced electronic signature" mentioned in the last link. It has these qualities -
Quote
1. The signatory can be uniquely identified and linked to the signature
2. The signatory must have sole control of the private key that was used to create the electronic signature
3. The signature must be capable of identifying if its accompanying data has been tampered with after the message was signed
4. In the event that the accompanying data has been changed, the signature must be invalidated
Just writing "/s/ Mickey Mouse" will not not cut the cheese
I expect to have a new information update ready to post tomorrow.