Follow Public Money all the Way Vocabulary Community Group Launched

With your support, the Follow Public Money all the Way Vocabulary Community Group has been launched:
  http://www.w3.org/community/fpmvocab/

To join:
 http://www.w3.org/community/fpmvocab/join

This group was originally proposed on 2013-10-17
by michalis vafopoulos. The following people supported its
creation: 
      michalis vafopoulos
      Marios Meimaris
      Panagiotis Kranidiotis
      Georgia Lioliou
      Giorgos Vafeiadis
  
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Recently, a series of important, and often overlapping, initiatives has
emerged in the domains of opening and linking government data. A part of
this data is related to economic data such as public budgets and
spending, calls for tenders, business registries, prices and financial
statements (refer for example to publicspending.net,
opencorporates.com,openspending.org, open-contracting.org,
sunlightfoundation.com/clearspending,  internationalbudget.org).


The challenge is to find ways to ask useful and real-life questions in
these datasets with minimum effort. We address this issue by proposing a
vocabulary to interlink open data with regards to public budgeting and
spending, e-procurement and business information.


The proposed Follow Public Money All the Way Vocabulary is based on the
efforts of several Semantic Web communities (e.g. Organization Ontology,
Registered Organization Vocabulary and Public Contracts Ontology) and
will try to incorporate existing practices, principles and standards on
the related domains (e.g. IATI standard on aid, open contracting global
principles and procurement open data guidelines).  


The potential usages of the vocabulary ranges from crowdsourced
monitoring and risk assessment of public finance to real-time
integration of public budget, tendering and spending information in
Business Intelligence systems for stimulating more efficient resource
allocation.
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Thank you,

W3C Community Development Team

Received on Thursday, 17 October 2013 21:39:42 UTC