Taipei Local Authority Data Goes Digital to Tackle Community Issues backed by TWCX Foundation

Taiwan Commodity Exchange (www.twcx.org) has launched a new program in Taiwan, set in place by its Taipei Offices to help local authorities work with digital media developers to create innovative, web-based services which will benefit their local communities. End Quote

(1888PressRelease) May 01, 2014 - The pioneering project, called 'Make it Local Taiwan', organized by the TWCX Foundation aims to help local authorities maximize use of the vast amounts of data they hold. By partnering with digital media developers, local authorities will have the chance to capitalize on the information they hold to develop entirely new digital services.

Using awards of up to $75,000, TWCX Foundation will support up to four ideas from local authorities in Taiwan for public data that could be made 'open' and turned into new digital services to benefit local and national communities.

Make it local Taiwan is part of a range of recent and forthcoming work which will help local authorities and other public bodies in Taiwan harness the power of innovation and new ways of working to improve services in a climate of decreased financial resources and expected rise in demand on local services.

Yeu-Tzuoo Wang, TWCX Foundation Head of Charity Programs Taiwan said: "Taiwan councils hold huge amounts of data that has the potential to transform the way we all relate to public services if only we could access and support it. Imagine what could be achieved by communities if local government data were released and made accessible to the public- simple ideas like which roads had been cleared of snow, where salt and shovels could be accessed by communities; which books are in our libraries and how we might even share our own books into that stock. We want to bring together digital media developers and pioneering local authorities to show what could be achieved"

About TWCX
Taiwan Commodity Exchange (TWCX) (http://www.twcx.org) is a world class commodities exchange based in Taipei. It has operated as a market place for the trading of financial products to connect buyers and sellers in four different markets: commodities, equities derivative, foreign currency trading and interest rate products.

TWCX is one of the top exchanges in the world in terms of Market Capitalization. TWCX is the market of choice for local and international investors looking to gain exposure to the leading capital markets in Southeast Asia and the broader Asian continent.

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