For better or worse, form files still exist and the format is published. They are also accepted by almost all GIS and major utilities.
This is a binary format, but files tend to accumulate quickly, since you need a set of files for each type and form of data.
KML was mentioned above. It has become the defacto standard and is based on XML - i.e. Easy to write. However, it is intended for annotation, and this may be a limitation for many GIS applications.
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