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A Standardized Framework for Token Issuance Published

The Token Taxonomy Initiative has released the Token Taxonomy Framework (TTF) V 1.0. The framework is designed to standardize tokenization including the issuance of securities. Users of the TTF can create a new type of token from a set of reusable, cross-industry components, including existing token definitions, creating a specification that includes all of the […]

Ontology- Enabling Data to Flow within a Construction Project

Construction is a knowledge-based and information-intensive industry. Therefore, something like situational awareness, that too in real-time, would help both managers and workers on a construction site become more productive. It would also be of advantage to many functions, including task management and control, logistics, procurement, and safety management. Like other industries, the construction industry has […]

Why Ontology Could Be the Answer for Enterprise Data Challenges

Considering that ontology’s primary purpose is to represent knowledge within a domain, it could offer an alternative to pre-packaged solutions to enterprise data issues. Primarily, an ontology, which is a representative semantic model, is intended to convey shared understanding within a domain, often via the implementation of a knowledge graph, such as a triple store. […]

Empusa—A Framework for the Development and Usage of Ontologies

The scientific community is increasingly adopting the resource description framework (RDF) as a single unifying data model. Currently, many datasets are made available using this model as RDF improves the findability, accessibility, interoperability, and reusability of complex data. Furthermore, by simply using an RDF link, the relationship between one piece of data and another piece […]

The Open Source Apache Rya Database Reaches a New Level of Project Maturity and Acceptance

The open-source Apache Rya database (Rya) is a resource description framework (RDF) triple store database. The project started at the U.S. government’s Laboratory for Telecommunication Sciences with an initial research paper published in 2012. The project joined the Apache Software Foundation (ASF) as an incubated project in 2015. In September 2019, it achieved the Top-Level […]

Instituting a Smart Building Industry Standard

The term smart building references something more than just automation. However, within the smart building industry, there is a significant amount of vagueness and confusion surrounding the term smart. Additionally, the industry is transitioning to a diverse world of autonomous systems, artificial intelligence (AI) and distributed Internet of Things (IoT). Consequently, the building automation industry’s […]

Leveraging Ontologies to Revolutionize the Use of Research Collections

UC Santa Barbara hosts dozens of collections, many of which fall under the purview of the Cheadle Center for Biodiversity and Ecological Restoration (CCBER). The center is applying techniques from computer and information science to revolutionize the use of the immense datasets in their research collections. The center’s director, Katja Seltmann, is incorporating these methods […]

Blockchain, Taxonomy, and Metadata

Considering the hype around knowledge graphs, it was understandable this year’s Taxonomy Boot Camp London (TBCL) included many topics related to it. What were to an extent surprising were the presentations and discussions on the convergence of blockchain and taxonomies. At the current stage of blockchain implementations—one-time transactional records such as those that occur in […]

On using taxonomies for manual tagging

The volume of content has grown exponentially, leading enterprises to experiment with auto-tagging/auto-categorization solutions utilizing text analytics technologies. However, for several enterprises, there remain many requirements that require manual tagging. Consequently, it is important to ensure when designing a taxonomy that it should facilitate manual tagging. Though a taxonomy is built with diverse users in […]

How Product Attribute Schema and Product Display Taxonomies Provide a Competitive Advantage

A correctly designed product attribute schema can increase the findability of products; improve search performance; enable cross-selling and up-selling; enhance the capability of offering solution bundles, and ultimately improve conversions and increase sales. Correct attribute design is a sophisticated process and requires expertise in a range of areas including merchandising, user experience, product information management, […]