[On Monday], the Obama Administration launched the Smart Disclosure Data Community at Consumer.Data.gov.
“Smart disclosure” is the act of making potentially useful data more readily available—both to consumers directly and to innovators who can use it to build tools that help consumers make smart decisions. Federal agencies have already taken steps to promote smart disclosure by unleashing their data to support creation of a range of new apps, websites, and services—including product comparison websites, mobile shopping apps, and personalized dashboards that help consumers monitor their finances and energy usage.
The Community announced today is a first-of-its-kind centralized platform containing over 400 smart disclosure data sets and resources from dozens of agencies across government. Using the Community, entrepreneurs and innovators can access free Federal data to create the consumer applications, products, and services of the future—all in one convenient location.
Innovators have already built a number of successful products using smart disclosure data. One company offers a mobile app that uses freely available Federal data about health care facilities, along with other information, to connect patients to local health care providers. Another startup uses free data from the Department of Labor to help individuals understand their 401(k) plans. Yet another company employs anonymized credit card complaint data from the Consumer Financial Protection Bureau to help consumers monitor their credit and debit cards for suspicious charges.
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