Join the Community

24,389
Expert opinions
40,860
Total members
330
New members (last 30 days)
245
New opinions (last 30 days)
29,365
Total comments

Semantics and standardisation revisited

General-purpose EUBWs will make it easy to exchange all sorts of data between organisations - APIs without need for technical integration and contracts. WeBuild has established a Semantics group to get the full standardisation  - automation benefits - from the wallet rollout.

I had to ask ChatGPT for an update on semantics and standardisation.

Semantics and content standardisation are deeply intertwined — but not the same thing. Here’s how they relate and reinforce each other:


1. Semantics = shared meaning

Semantics deals with what things mean — the concepts and relationships between them.
It’s the vocabulary and logic layer:

  • Defining what “Company,” “Director,” “IBAN,” or “Power of Attorney” means.
  • Ensuring everyone (and every system) uses these terms consistently.
  • Usually expressed via ontologies (OWL), controlled vocabularies (SKOS), or semantic data models (RDF, JSON-LD).

Without semantic alignment, every actor can publish “data,” but it won’t be understood in the same way by others — or by AI agents.


2. Content standardisation = shared structure and syntax

Content standardisation defines how the data is packaged and exchanged.
It’s the format and structure layer:

  • How a verifiable credential, XML message, JSON schema, or PDF is structured.
  • What fields are mandatory, optional, or conditional.
  • Examples: ISO 20022, UBL, W3C VC Data Model, UN/CEFACT Core Components, etc.

Without content standardisation, even if we agree on meanings, we can’t automate exchange or verification at scale.


3. Their relationship — the two halves of interoperability

Think of them as meaning + form:

Layer

Focus

Example in Attestations

Semantics

What concepts mean

“Ultimate Beneficial Owner” = person controlling >25% of shares

Content Standardisation

How concepts are structured in data

JSON/VC schema containing uboName, ownershipPercentage, controlType

Together they make data portable, verifiable, and automatable.


4. Why this matters for EU Trust Infrastructure

In the EU’s trust stack (EUDI, EUBW, Data Spaces, AI agents), semantics ensures that a “Proof of Employment” issued in Finland can be understood in France, while content standardisation ensures it can be technically verified and ingested.
Without both:

  • AI-agents can’t reason reliably.
  • Wallets can’t exchange attestations cross-border.
  • Data spaces can’t federate meaningfully.

5. Ideal architecture

  1. SKOS vocabularies → define concepts.
  2. OWL ontology → express relationships and inheritance.
  3. SHACL / JSON Schema → constrain how instances (content) are expressed.
  4. Standardised containers (VC, XML, etc.) → exchange and verify the content.
 
 
 
 
 
 
 
 
 
 
 
 
 


 
 
 
 
 
 



External

This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author.

Join the Community

24,389
Expert opinions
40,860
Total members
330
New members (last 30 days)
245
New opinions (last 30 days)
29,365
Total comments

Now Hiring