Escrow Software Benefits.
There are usually two major parties in a software scenario, the software business or programmer and the end user. Escrow applications is a means by which a 3rd party is involved, called an escrow agent, with the responsibility of holding the software’s source code of the software.
The software consists of code. This code is written by programmers in ‘object’ format which subsequently gets changed to ‘supply’ format. Finally, this code is subsequently interpreted to ‘machine’ format which is often read by the computers, essentially ones and zeros. Included with all the application program code, is documentation which is done on the entire program.
The source code has significant value for the software because it is the foundation of the software and in its absence, the program is unable to be created and thus ran. Normally, this code is not sent to the end-user (or client), but …