The data industry is expanding its reach across various sectors, including finance, healthcare, and administration, as citizens' awareness of their rights continues to grow. However, for the general public, reading and understanding legal information remains a challenging task. Moreover, it is still difficult to find refined legal data at a level that can be effectively learned by machine-based entities like AI lawyers.
Creating a substantial amount of high-quality legal data in a short period is not something easily achievable by a single entity. Therefore, it is necessary to foster an inclusive data ecosystem that allows participation from anyone, enabling the construction of legal datasets. It is crucial to ensure the accuracy of legal data content, as its integrity is of utmost importance.
Apart from this, if one puts in the mental effort to create legal data, it is only reasonable to expect appropriate compensation. If legal data becomes an object of trade, available for purchase by anyone, it is anticipated to yield stable profits based on its concrete and practical value, surpassing any existing virtual assets.
This paper proposes a method to massively build high-quality legal data using blockchain-based smart contract technology. By ensuring anonymity and stability, it allows anyone to participate freely while ensuring the content's accuracy through the approval of other participants before registering as new legal data. To generate revenue, tokens will be issued for each created legal data, and whenever royalty profits arise from the legal data, individuals will receive a portion of the profits based on the ratio of the tokens they possess compared to the total tokens issued. This approach enables not only participants in the construction of legal data but also third parties, such as simple investors, to freely dispose of tokens, giving legal data the potential to transcend virtual assets and achieve the status of virtual goods.