An alignment of EthOn, the Ethereum Ontology and Financial Industry Business Ontology. The article compares how blockchain technology differs from traditional centralized database systems. The Financial Industry has launched many projects to proof the concept of incorporating the blockchain technology. Both sides also embrace Semantic Web and have published ontologies. The alignment, identifying and formalizing common and related concepts in Finance and…

The Financial Regulation XBRL ontology is a one-to-one complete OWL/RDF representation of eXsensible Business Reporting Language) schema. Colleagues know me as a passionate advocate for industry standards and reuse. Google “XBRL ontology” – there are already dozens of hits. Promise: This time it’s different. But first some background … XBRL is the dominant global standard for exchanging business information. The…