WebOnt
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WebOnt is the World Wide Web's Semantic Web Activity Working group on Web Ontology Language. The result of this group's effort has been in producing OWL - the Ontology Web Language.
OWL took DAML+OIL as a starting language (which itself is built on top of RDF and XML) and provided extensions that are compatible with description logics.
OWL is the emerging expressive web ontology language.