The FOAF project is based around the use of machine readable Web homepages for people, groups, companies and other kinds of thing. To achieve this we use the "FOAF vocabulary" to provide a collection of basic terms that can be used in these Web pages. At the heart of the FOAF project is a set of definitions designed to serve as a dictionary of terms that can be used to express claims about the world. The initial focus of FOAF has been on the description of people, since people are the things that link together most of the other kinds of things we describe in the Web: they make documents, attend meetings, are depicted in photos, and so on.

Apparently, there's a standard (which LJ, at least supports). I wonder if there's anything interesting that does anything with it yet...

FOAF Vocabulary Specification