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1. (WO2018220633) SMART CONTRACT FOR COPY TRADING

Pub. No.:    WO/2018/220633    International Application No.:    PCT/IL2018/050591
Publication Date: Fri Dec 07 00:59:59 CET 2018 International Filing Date: Thu May 31 01:59:59 CEST 2018
IPC: G06Q 40/00
Applicants: ETORO GROUP LTD.
ASSIA, Johnathan Alexander
Inventors: ASSIA, Johnathan Alexander
DIAMANT, Paz
Title: SMART CONTRACT FOR COPY TRADING
Abstract:
A method, computer, and computer program product for facilitating automatic trading of financial instruments in a computerized trading network in which trades are recorded to a blockchain data structure and in which each trader is associated with one or more blockchain addresses, the comprising the steps of: i) obtaining data indicative of a first trader; ii) obtaining data indicative of at least one blockchain address associated with the first trader; iii) monitoring the trades recorded to the blockchain data structure to identify trades associated with the at least one blockchain address of the first trader, thereby determining when a first trade has been executed for the first trader; and iv) upon determining that a first trade has been executed for the first trader, facilitating, using a smart contract associated with the blockchain data structure, the determination of one or more second traders which are associated with the first trader and, for each of said second traders, the automatic execution of a respective second trade and the recording of each respective second trade to the blockchain data structure in association with a blockchain address of the respective second trader.