The Role of Electronic Signature in the Third Millennium of the Development of International Trade Transactions

The Role of Electronic Signature in the Third Millennium of the Development of International Trade Transactions

Amir Bagherian, Yosef Ebrahimi Nasaband, Hassan Heidari, Mahmoud Ebrahimi
Copyright: © 2016 |Pages: 14
DOI: 10.4018/978-1-4666-8619-9.ch008
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Abstract

Data explosion, in the present era, has created a lot of changes in the social, economic and cultural relationships of all developed societies. Modern areas usually do not have the required legitimacy; however it does not mean that the way for all kinds of violation is open. Social life requires that order and security also govern these areas and protect ethics and public interests. Electronic commerce law is one of these areas a debatable area filled with innovations and surprises. In this regard, waves of internet revolution and the explosion of e-commerce collide with the legal system and influence the concepts of traditional law. One of the key achievements of information technology is changes in traditional regime of evidence claim. In the system of evidence claim in the majority of countries, written reasons and documents are of undeniable importance, in a way that they are mostly used as citation or to defend the Lawsuit. In fact, a lawsuit and adducing the evidence in our legal life largely depend on delivering or issuance of a written paper such as ID cards, pay stubs, payment receipts, contracts, declarations, warnings, statements, and or commercial documents.
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Methodology

In this section we describe studying the concept, reasons and elements of E-Commerce. Then we in Second topic speak about the legal status of electronic documents. And at last we speak about the nature of documentation electronic signature and public key infrastructure. And final discussion we take results based on that traditional signature is No security for international business and it will Course reduction speed of transaction. Therefore at last discussion we suggest with subject challenges and solutions on 10 items.

Studying the Concept, Reasons, and Elements of E-Commerce

One of the consequences of globalization is the increased competition in the international economy; because in these conditions, we constantly encounter decrease in shipping costs, astounding growth of information technology, increasing development of e-commerce, minimization of geographic limitations, and increase in competitiveness. And as a result, international economic efficiency will increase.

Here, it can be said that the major consequence of globalization on the economy is the growth of electronic commerce. E-commerce and consequently e-commerce models were introduced for the first time in the early 1970's. In this period, the use of e-business models was very expensive and most of its users were financial corporations, banks and sometimes large industrial companies. The application of e-commerce in the course was difficult and therefore required heavy investments to provide needed platform for it. So, the range of its application was limited financial institutions and large firms. In the next step, electronic data exchange standard was created that was a generalization of the banking and financial transfer model using the new tools of information. But it was different; electronic data exchange had the possibility to be used and utilized in other types of trade too. Electronic data exchange led the application domain of e-commerce models spread broader than the range of large financial institutions. In this topic we are going to explain the concept of e-commerce law and evidence claim (Smedinghoff, 1999).

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