digital contracts

Digital contracts are legal agreements created and stored electronically, often using online platforms. They outline the terms and conditions between parties, similar to traditional paper contracts, but can be signed digitally. Digital contracts streamline the signing process, reduce paperwork, and can include features like timestamps and secure storage. They are commonly used in online transactions, e-commerce, and business agreements, ensuring that both parties have clarity and a record of the agreement. Using digital contracts can enhance efficiency, speed up transactions, and provide easier access to contract management.