Digital agreements are contracts created and signed electronically, eliminating the need for paper documents. They can be used for various purposes, such as business transactions, service agreements, and legal contracts. Digital agreements often utilize technologies like e-signatures to ensure authenticity and security, making the process faster and more efficient. These agreements are legally binding in many jurisdictions, similar to traditional paper contracts. They can be easily stored, shared, and accessed online, which enhances convenience for both parties involved. As businesses increasingly move online, digital agreements are becoming a standard practice in the digital economy.