This document discusses how adding formal semantics to linked open data can make it more useful and powerful. It describes how existing linked data lacks formal semantics, limiting its capabilities. The document proposes two approaches: 1) Enriching linked data schemas using ontology matching techniques to capture relationships between datasets. 2) Developing a system called LOQUS that can perform federated queries across multiple linked datasets by decomposing queries and merging results. This would allow queries without needing intimate knowledge of each dataset's structure.