Signority

Signority Inc.
Industry Software as a Service
Headquarters Ottawa, Canada
Products Electronic signatures
Website signority.com

Signority is a cloud-based[1] electronic signature provider in Ottawa, Canada. The company's Software-as-a-Service platform provides organizations with a streamlined process to manage contract workflow and execution. It offers a paperless online digital signature solution to access, verify, sign, and certify documents from anywhere in the world.[2]

History

Signority has its headquarters in Ottawa, Canada. It was incorporated with Canadian Federal Government and the Province of Ontario on November 19, 2010 by two Canadian entrepreneurs: Jane He and Qingbo Jin. At inception, the company name was EPEink (Electronic Pen/Paper Electronic Ink) and the product name was GreenSignatures.[3] In January 2013, the company and the product were re-branded to Signority. The two founders believe that future businesses must operate by reinventing their precedence: businesses must be more efficient, sustainable, and greener. Further, the best technology must be accessible and affordable for all sizes of business. This vision inspired the two to found the company.[4] The combined Signority key members' expertise of cloud-based, eHealth, network security, government application, and public safety has led to its core product philosophy of high level of security and ease of use.

Patents and Product

Besides ease of use, Signority places great emphasis on its intellectual property investment. Two applications have been filed to United States Patent and Trademark Office:

  1. A patent application is a break through in the incorporation complicated digital signature technology, or PKI Public Key Infrastructure into a SaaS offering.[5] PKI is highly secure, and is recognized by global legislative bodies. Conversely, the legal weight of electronic signatures is a matter for debate in many regions outside of North America, and within specific sectors within North America, such as banks and medical institutions. PKI has been around for years, but is very complicated and expensive to operate. It usually requires on-premises software (can be combined with hardware devices) that must be installed at both servers and the clients that utilize PKI. PKI ensures document signing nonrepudiation and document integrity within an organization, but it is not practical when recipients are outside the organization, such as when recipients are external to the organization hosting the PKI servers. Signority invented a method to bring PKI into its SaaS offering, by never generating and storing private keys on its servers. The private key is generated on the fly at the user end each time. The method was invented by University of Ottawa Professors Carlisle Adams, who previously designed CAST algorithm, and Guy-Vincent Jourdan.[6]
  2. A patent application for two signing methods: Real-Time Sign, which incorporates electronic evidence (audio and video) during the signing process to meet global legislation, and Open Sign: a time saver for document administrators that enables large volume public recipients signing template-based forms. The inventors are founders Jane He and Qingbo Jin.[7]

Signority is completely web-based and supports multiple mainstream browsers including FireFox, Chrome and IE8+. There is no need for software installation and specialized hardware. It also offers 3rd party integration through API for enterprise customers.

Legality

Signority uses multiple level user ID authentication for login and secured communication with 256 bit SSL encryption protocol. Since various North American and international laws and regulations,[8][9][10][11] including ESIGN, the Uniform Electronic Commerce Act,[12] and PIPEDA,[13] permit the use of electronic signatures in many situations and sectors, such as legal sector[14] and real estate sector,[15] Signority electronic signature is valid and legally binding.

See also

References

  1. ↑ "STARTUPS TO WATCH: Signority - Secure signatures". Retrieved 2013-12-28.
  2. ↑ "Interview with Jane He of Signority- OCE Discovery Conference 2013". Retrieved 2013-12-28.
  3. ↑ "Interview with Jane He from EPEInk". Retrieved 2013-12-28.
  4. ↑ "2013 Bootstrap Awards - Lead to Win Award: Signority". Retrieved 2013-12-28.
  5. ↑ "Signority Helps Seal the Deal" (PDF). Retrieved 2014-01-03.
  6. ↑ "Profile: Guy-Vincent Jourdan". Retrieved 2014-01-16.
  7. ↑ "Patent: Methods and systems for electronic editing and/or signing". Retrieved 2013-12-28.
  8. ↑ "An Alternative Model of E-Commerce Law" (PDF). Retrieved 2014-01-09.
  9. ↑ "Legal Situation of Electronic Signatures: Ontario Perspective". Retrieved 2014-01-12.
  10. ↑ "Canadian and American Legislation on Electronic Signatures with reflections on the European Union Directive". Retrieved 2014-01-12.
  11. ↑ "Digital Signature Guidelines" (PDF). Retrieved 2014-01-12.
  12. ↑ "The Uniform Electronic Commerce Act". Retrieved 2014-01-09.
  13. ↑ "The Personal Information Protection and Electronic Documents Act (PIPEDA)". Retrieved 2014-01-09.
  14. ↑ "Report of the Cloud Computing Working Group" (PDF). Retrieved 2014-01-09.
  15. ↑ "Electronic Agreements-Real Estate Council of Alberta". Retrieved 2014-01-09.
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