What is the difference between the facilitator type and the party type? Comparing electronic contract signing methods along five axes [How to Choose Electronic Contracts | vol.2]
In the previous discussion, I conveyed that electronic contracts are legally valid and that there is a range of strictness in identity verification depending on the method of signature. This time, I will organize the differences between the "witness-type" and "party-type" that create this range along five axes.
---【Conclusion of this article】--------------------------------
- The witness-type involves the business operator, while the party-type involves the contracting parties themselves performing the electronic signature.
- Both can be subject to the presumption of validity under the Electronic Signature Act if certain requirements are met. The difference manifests in the mechanisms of identity verification and the ease of demonstration in case of disputes.
- It is not about which is superior, but rather about differentiating based on the importance of the contract and the circumstances of the other party.
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