What is an electronic contract and what are its characteristics?

An electronic contract is a contract concluded by electronic means, which mainly refers to an electronic agreement signed by the parties in the form of data messages and emails to clarify the rights and obligations of both parties in order to achieve a certain purpose under the network conditions.

Features: high efficiency: it can be completed online only by network, mobile phone and computer, eliminating complicated approval and mailing steps.

Save labor costs: a contract can be completed by only one person, make full use of human resources and refuse to waste time.

Orderly management: all contracts are kept by the third-party platform, and the operating system is safe and convenient. Click the search bar to easily find files.

High security: financial security, anti-counterfeiting CA digital certificate, face biometric authentication, encrypted blockchain deposit certificate, etc.

Low storage cost: no paper is needed, all of them are stored by a third-party platform, and backups are automatically generated, occupying no space.