This document discusses opportunities and challenges of Linked Data. It begins with an overview of Linked Data principles like using URIs to identify things and linking related things. It then discusses enabling technologies like HTTP URIs and SPARQL queries. Opportunities mentioned include using the LOD cloud as a test bed and benefiting from linked context in applications. Challenges include large-scale processing of Linked Data and quality of links. The document concludes by emphasizing the potential of Linked Data to make data more valuable.