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Project
overview: E-business is a dynamic and
newly emerging set of tools and practices for creating value in a
connected world, but it has lacked the single authority which would enable
legally binding online transactions and the dismissal of paper-based
processes and products. If legally authorized, many believe e-signatures
will revolutionize the flow of business and market growth of e-business
services. Businesses
not only need to carry out traditional handwritten signatures in an
electronic environment, they must also ensure that the data to be shared
among people remains secure and under full control. Substantially, companies are turning to electronic authenticated management solutions to solve these issues. Implementing these solutions, however, requires an understanding of the work procedures currently in use as well as the legal and security provisions in place to support them electronically. Sharing
the same global view towards the value of online trading and towards the
necessity of conducting this genuine type of business legally and with
high levels of security, Egypt
and through the MCIT
is working towards drafting
and implementing an Egyptian
law for e- signature
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