Symbolically at least, President Clinton’s signing of the Electronic Signatures in Global and National Commerce Act was a high point of Y2K. What it means, however, is not clear as the law makes no mention of public key infrastructure (PKI.) PKI allows users to sign online documents with an extremely high degree of certainty that signatures will not be faked and the signed documents will not be tampered with.
In an interesting article in Byte.com, however, Jon Udell makes the reluctant case that the “digital signature act,” based on language from the Uniform Electronic Transactions Act already in place in most US states, is properly and appropriately vague.
For more information, read Byte.com.