The document discusses the 'Moving Code' project, which aims to enhance the sharing of computing components across the web through services defined by strict functional contracts. It outlines the requirements for code exchange and the different service models (SaaS, PaaS, IaaS) along with the necessity of packaging mechanisms and exploitation rights. Ultimately, the project envisions creating a geoprocessing repository or 'app store' to facilitate the use and distribution of well-defined, executable processes.