Re: Business Models, Profitability, and Linked Data

I am in total agreement with the primary issue, yet it is part of a bigger issue, that of proper usage of any materials in digital format that have intellectual property rights attached to it.

By redefining business values in terms of intellectual property rights values that can somehow be measures and thus where necessary monetized and compensated for in usage the problem is resolved.

As I indicated earlier the open science field cannot flourish without if and we cannot expect current bureaucrats at patent and trademark offices or UN bodies alone to figure this out.

The tens of billions of dollars and euros spent in courts of patent and copy rights infringements are exactly why.

The professionals who do understand the big picture and the nuts and bolts levels must step up to the plate and help out.

Your analysis is a good starting point to create a much more complete and thorough analysis required.

Milton Ponson
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 From: Kingsley Idehen <>
To:; business-of-linked-data-bold <> 
Sent: Friday, June 7, 2013 4:50 PM
Subject: Re: Business Models, Profitability, and Linked Data

On 6/7/13 4:15 PM, Melvin Carvalho wrote:

>On 7 June 2013 18:52, Kingsley Idehen <> wrote:
>There have been a few recent threads on the LOD and Semantic
>>Web mailing lists that boil down to the fundamental issues
>>profitability, business models, and Linked Data.
>>Situation Analysis
>>Business Model Issue
>>The problem with "Data"-oriented business models is that
>>ultimately have to deal with the issue of wholesale data
>>without attribution. That's the key issue; everything else
>>a futile dance around this concern.
>>Profitability Issue
>>Profit is the consequence of a functional business model.
>>Ultimately, an entity, whether a person or an
>>has to orchestrate the intersection of pain, value
>>capital, value creation, market demographics, packaging,
>>value distribution.
>>Linked Data
>>As demonstrated by the Web -- on a daily basis -- our
>>economy is driven by Linked Data in digital form. Nothing
>>really changed beyond the fact that value and its
>>network are increasingly digital.
>>Problem Resolution
>>Relations & Relationship Granularity
>>Linked Data has always been the engine of the Web economy
>>because every link on the Web denotes (i.e., names or
>>to") a Relation. We know everything is Related, but we
>>always know the specifics of a given relationship.
>>What's changing today is the fidelity (or granularity) of
>>Relations. Thus, rather than having a Web-based economy
>>of coarse-grained relationships between entities of a
>>type, the Web is evolving to incorporate new entity types
>>conjunction with new relationship types. Basically, the
              Web is
>>becoming more fine-grained.
>>Note --
>>• a Relation is a set of Relationships
>>• Relationships may be represented in different ways,
>>Table Records (typically presented as grids or
>>or Entity Relationship Statements (often presented as
>>pictorials, like network or entity relationship model
>>Relation and Relationship Semantics
>>The semantics of Relations, combined with Linked Data, are
              the key
>>to addressing the challenge of "data copying without
>>Their contribution is to add the following to the mix:
>>• verifiable identity
>>• access controls
>>• trust
>>Today, it is possible to produce and publish Linked Data
>>or publicly) while also constraining access via the use of
>>access policies. These policies may also be in Linked Data
>>and they determine what privileges are granted to specific
>>organizations, people, or machines.
>You cover public, but what about private, see below.
>>The technologies that make this possible, right now, are
              as follows:
>>• Linked Data HTTP URIs
>What about hashes as URIs?  
>I can think of a few:
Sure, it just means you need to implement resolvers for these URIs
    in the context of Linked Data. 


    -- as di: scheme URI 
2.;oc2MevXd-mzX4o7et0FUTf38h5s?hashtag=webid& -- resolver effect
3. -- faceted browser page.

HTTP URIs (as you know) just eliminate the tedium of building a
    resolver for a scheme re., Linked Data. 

>• SPARQL endpoints
>>• entity relationship semantics based on the RDF model
>>• Authentication protocols such as WebID+TLS, OAuth,
              OpenID, and
>>others still taking shape (Web Keys, for example, which
>>basic HTTP Digest Authentication)
>>The Web is already driving our economy. It's how Google,
>>Yahoo!, and the like pay their bills. All that's happening
>>in this industry inflection, is a move to a more
>>framework where participation in the Web-based economy
>>require airport-sized data centers. You shouldn't have to
>>burdened by the challenge of providing services to the the
>>world in exchange for $0.00 or nothing at all -- that's a
>>for behemoths like Google, Facebook, Twitter, etc.
>PRISM is now a game changer imho
PRISM [1] certainly helped put matters into perspective for users of
    Web services.

>>Linked Data (what the Web has always been about!) is an
>>engine for value producers of all shapes, sizes, and
>I think the next wave of LD based business can be self funded as OpenCoin Inc. were with (to the tune of 1 billion+)
I agree, that's what most don't see right now. The whole concept of
    capital is being changed. The color is no longer green, its shape
    and form is digital and webby, distribution is baked into the Web,
    and discovery is on an exponential SDQ (Serendipitous Discovery
    Quotient) [2] curve.  

>They had a simple philosophy in conjunction with issuing there own data driven coins (the coins are just shared links and relations)
The links actually denote the relations, that's the neat little AWWW
    design featur that Linked Data magnifies. RDF just puts icing on the
    cake by making granularity of Relations eternally extensible, via
    vocabularies and ontologies.  

>1. Create Liquidity
>2. Create Utility
>3. Create Trust
Now a regular business does all of these.  But there's now new ways to use data to optimize all 3 of these, and I think that's exciting. 

For example, ripple allows you to set up accounts, trust lines, IOUs and trade via their virtually issued data currency.  Each of these has utility, the more you do it the more trust you get, and liquidity was generated by bootstrapping existing data sets ... so that's smart.  Do note that these operations are about having access controlled read / write access to a data set...
Yep, which is why Identity and Trust have to be webby too. Same
    thing applies to PKI. 

>I hope we can find linked data business models that can also do the same!
It's all baked into the platform we know as the World Wide Web. We
    just need to get folks to understand that the Web is a global
    platform for putting puzzle pieces together etc. Getting that to
    resonate is challenging as it requires lots of patience and
    persistence etc.. 


2. -- SDQ.

>>1. -- Function (remember, when not void, they return 0 or 1 i.e., True or False)
>>2. -- Relation (a Relation is really a Function)
>>3. -- you have literals or references (e.g., HTTP URIs)
>>4. -- Links (which denote Relations)
>>5. -- original Web design illustration (note: the "describes" link/relation/connector)
>>6. -- Data & Relations thread on Ontolog list .

--  Regards, Kingsley Idehen	      
Founder & CEO 
OpenLink Software     
Company Web: Personal Weblog: Twitter/ handle: @kidehen
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Received on Saturday, 8 June 2013 13:13:33 UTC