OAuth 2.0 is an open standard for authorization that allows third-party applications to access a user's resources from an API on their behalf with an access token. The document discusses OAuth in the context of Ember.js applications, covering topics like obtaining access tokens, scopes that categorize protected resources, and Ember libraries that implement OAuth like ember-simple-auth and ember-oauth2. It recommends using OAuth for authenticating Ember frontend applications with APIs, and when building platforms that allow third-party clients or internal applications to access resources on a user's behalf in a controlled way.