Tag Archives: electronic signature notary

Nobel Prize-Winning Economist Shares His Thoughts On Smart Contracts Law developer — working group «Skolkovo Legal». About this in his telegram channel «CryptoLine» said the head of the working group on cryptocurrencies in the State Duma Elina Sidorenko. IN published document changes were made to the first three parts of the Civil Code of the Russian Federation and the Family Code. The bill provides that a confirmed electronic transaction can be equated to a transaction made in writing. A notarial transaction is recognized as complied with if the notary has used a strengthened qualified electronic signature to certify it. A mechanism for fulfilling obligations based on digital algorithms is approved. The draft law says that the obligation can be performed without the direct participation of the parties on the basis of an agreed algorithm. Also, contracts signed with the help of an electronic signature or other identification methods acquire legal force.…

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