Follow Public Money all the Way Vocabulary Community Group Proposed

The Follow Public Money all the Way Vocabulary Community Group has been proposed:

--------------------------------------------------

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.

--------------------------------------------------

You are invited to support the creation of this group:
  http://www.w3.org/community/groups/proposed#fpmvocab

Once the group has a total of five supporters, it will be launched and
people can join to begin work. Once launched, the group will no longer
be listed as "proposed"; it will appear in the list of current groups:
  http://www.w3.org/community/groups/

In order to support the group, you will need a W3C account. To request one:
  http://www.w3.org/community/account/request

If you believe that there is an issue with this group that requires
the attention of the W3C staff, please send us email on
site-comments@w3.org.

Thank you,
W3C Community Development Team

Received on Thursday, 17 October 2013 12:19:02 UTC