❓Background and Issues

1.1 Blockchain and Smart Contract Data Challenges

With the widespread use of decentralized applications (dApps) and smart contracts, the accuracy and timeliness of data are crucial. Existing blockchain Oracle systems face the following challenges:

• Data Security Issues: Traditional Oracle services can become a single point of failure, and data transmission may be susceptible to tampering or leakage.

• Real-Time Issues: Current Oracle systems may fail to provide real-time or dynamically updated data, affecting the execution of smart contracts.

• Data Trustworthiness Issues: Blockchain applications need to rely on high-quality external data, but these data sources often lack transparency and reliability.

1.2 LEGO's Solution

LEGO provides a multi-layer encrypted, AI-driven generative Oracle system aimed at solving these issues:

• Multi-layer Encryption: Ensures the security of all data during transmission and storage, preventing malicious attacks and data leakage.

• AI-Generated Data: Utilizes artificial intelligence to generate real-time, verified data, improving data reliability and accuracy.

• Decentralization: By using a decentralized network, LEGO reduces the risk of a single point of failure, ensuring data authenticity and trust.