There is no doubting the fact that more and more technological advancements are occurring, and in what can only be called one of the most tumultuous periods known to mankind, we have had to adapt.
Part of this adaptation has resulted in advances in the tech world. One definitely worth highlighting is Remote Online Notarization.
What is RON?
When using the term Remote Online Notarization, what is being referenced is a notarization conducted through audio-video technology.
This is a huge step forward, as it gives businesses (including all kinds of companies in different sectors) the opportunity to revolutionize their consumer experience. Eventually, this will lead to more efficient service and greater consumer satisfaction.
A basic summary of the manner in which RON works is:
1. The business entity uploads certain documents that require notarization.
2. The specific RON platform receives said documents and notifies the client.
3. The client receives the notification and accesses the platform.
4. The notary joins the client for an audio-video session that is recorded and completes the authentication and notarization process.
5. Copies of the notarized documents are returned to both parties.
Of course, the reason the name “remote notary” is used is due to the fact that the notary serves the client remotely online.
What technology is used to make RON possible?
By all means, this concept sounds all well and good, but what instruments will be used to make sure this idea works as smoothly as possible?
In essence, the main tools that are used to make RON a useful and valuable tool are:
1. Audio-video technology, electronic media (such as computers) that possess both a sound and a visual component, allowing for live-time communication.
2. Digital signature technology, a mathematical scheme that allows for the verification of the authenticity of digital messages or documents.
3. Digital certificate technology, basically an electronic “password” that allows a person or organization to exchange data securely over the Internet using the public key infrastructure.
By these means, in addition to technology becoming more affordable and accessible, notaries are able to conduct Remote Online Notarizations with great ease.
Benefits of RON
Now the way in which Remote Online Notarizations occur has been made clearer, it’s time to find out specifically what benefits it entails:
• Remote Online Notarization allows notaries to work efficiently and remotely. It is an immediate service that can work at any time, from any device, making it very easy to work with clients in foreign locations.
• By using RON, the usage of paper, printing, and postage is greatly reduced, thus becoming more environmentally friendly. In addition, this will result in a reduction in operating expenses.
• One of the greatest reasons to use RON is how secure online solutions such as digital certificates, identity proofing, and credential analysis really are.
• When using RON, clients are also receiving the same benefits as the notaries themselves. They are provided an overall more effective experience.
• Once the process of RON is digitized, the overall process becomes much more agile and organized.
So, now that the benefits of using Remote Online Notarization have been clearly explained, what are you waiting for? Get in touch with us at Legitify and we will provide you with any additional information you may require!
This article was written by Georgina Eastwood, Digital Marketing Intern at Legitify.