The ESIGN Act, or the Electronic Signatures in Global and National Commerce Act, was enacted in 2000 to facilitate the use of electronic signatures and records in commerce. It ensures that electronic signatures have the same legal standing as traditional handwritten signatures, promoting the acceptance of digital transactions in various sectors. This legislation applies to a wide range of documents, including contracts and agreements, allowing businesses and consumers to conduct transactions online more efficiently. The ESIGN Act also mandates that individuals must consent to receive electronic documents, ensuring transparency and protecting consumer rights in the digital age.