FinTech For Dummies by unknow

Author:unknow
Language: eng
Format: epub
ISBN: 9781119427254
Publisher: Wiley
Published: 2020-08-14T00:00:00+00:00

Licensing issues

Potential types of licensing issues include

Infringement: Open source software (OSS) has a higher possibility of infringement than proprietary software. Because no legal organization supports open source, and anyone can commit any source to an open project, it’s possible that infringement of some proprietary code could take place. Also, no warranty provisions are provided to the users of open source code, so they could inadvertently infringe with no recourse to the code supplier. In such a case, the end user would have to bear the complete burden of the penalties incurred.

License restriction: The complex requirements of open source licensing are the more dangerous potential burden for a corporation. If the corporation comingles its proprietary code with that of the open source in a way that obscures the ownership of the proprietary code, it could be deemed as part of the OSS.

Licensing compliance: When you use open source, every component, snippet, and application comes with its own license. These licenses need to be reviewed and adhered to independently.

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