One-Time Identifier or One-Time Code, One-Time Password, OTP) - is a unique code or number used to authenticate or authorize a specific user or device.
A typical use case for a one-time ID involves sending a unique code to a user's mobile phone or other device during the login or transaction process. The code can only be entered by the user once and has a limited validity period.
The use of one-time identifiers helps reduce the risk of leaking confidential information, since each code is temporarily limited and can only be used in a specific context.
InstaDoc - is an online tool designed to simplify and automate the process of creating various types of documents through a web service. It allows users to easily and efficiently generate requests, orders, contracts, agreements, invoices, certificates of completion and other text documents, reducing the time and effort required to create them manually, exchange documents and store them.
Combination of signature with a one-time identifier with services InstaDoc will speed up work with documents and reduce the number of errors when creating documents.
According to Art. 12 of the Law of Ukraine “On Electronic Commerce”, if, in accordance with an act of civil legislation or by agreement of the parties, an electronic transaction (electronic contract) must be signed by the parties, the moment of its signing is the use of a one-time identifier.
Electronic contract is an agreement between two or more parties aimed at establishing, changing or terminating civil rights and obligations and executed in electronic form (Article 1 of the Law of Ukraine “On Electronic Commerce”). It is also obvious that these legal relations are subject to the Civil Code of Ukraine and the Economic Code of Ukraine.
If the parties have agreed to conclude an agreement through information and communication systems, it is considered to be concluded in writing (Article 639 of the Civil Code of Ukraine).
So, an electronic contract signed with an electronic one-time identifier is considered to be concluded in writing from the moment it is signed, that is, the introduction of an alphanumeric data sequence (password). By this you accept the offer to conclude an agreement and accede to its terms.
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