Nowadays, businesses cannot deny the importance of paperless transactions, including the signing of documents through electronic signatures. With the advent of electronic signatures, there’s been a spate of cybercrime, and the forgery of electronic signatures has become one serious crime of which companies should be aware. However, it is possible to counter the threats of forgery, thanks to artificial intelligence.
Artificial intelligence is a division of computer science that involves building machines and computer systems which perform tasks that normally require human intelligence. In other words, AI is the simulation of human intelligence by machines.
How Artificial Intelligence Can Counter Digital Forgery
Artificial intelligence can be used to prevent electronic signature forgery through the following means:
1. Neural Networks
Neural networks can be trained to detect a forgery in different types of file systems and transactions. They’re based on computer algorithms that function a bit like the human neural system. They’re composed of a network of artificial electronic neurons. Neural networks have the capability of adapting to different or changing inputs. Because neural networks function like the human brain, they can detect anomalies in systems and files, including forged signatures. They’re also great for forecasting, risk modelling, security classification, and fraud detection.
Neural networks use a system in which machines can be trained to analyse documents and other files. Once they’ve understood the patterns of documents, neural networks can detect any forgery, including forged signatures.
2. Online Electronic Signature Tools
Many electronic signature tools are designed to aid digital signatures in the certification of legal documents, emails, images, and videos. To make electronic signatures more secure, signing is enabled in platforms and devices such as cameras and word processors, and encryption methods are adopted to verify the authenticity of online content.
3. Blockchain and the Internet Of Things (IoT)
A blockchain is composed of a block of records, grouped into an encrypted digital chain and distributed across a network of computer systems. Layers of encryptions protect the blockchain to avoid tampering. Blockchain uses a concept that matches data with a unique set of numbers. If these fail to match, it becomes easy to spot a forgery. Also, when used with an IoT system, a security feature consisting of interconnected devices can be created to trace files or documents to their sources of origin. This could help with countering the forging of electronic signatures.
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As a DocuSign technology partner, we can provide the complete electronic signature solution together with our market leading DMS integration solutions. Blue Car Technologies’ product portfolio is based on enhancing the function of iManage Work, eDocs, NetDocs and Worldox DMS, and also improving governance and traceability of the entire DocuSign signing experience.
Contact us to learn more about the potential to transform your business safely and securing with DocuSign, the world’s most trusted electronic signature solution provider.
