Menu
Washingtoner
  • Home
  • Health
  • Books
  • Aerospace
  • Lifestyle
  • Business
  • Technology
  • ANSI-ANAB
  • Boeing
Washingtoner

EIG Global Trust Completes Blockchain Security and AICPA Compliant Audits to Further Their Commitment to Digital Currency Project Financing
Washingtoner/10264788

Trending...
  • Tacoma Dome Welcomes Class of 2026
  • Entering the $69 Billion Animal Health Market, Delivering Record Growth, AI-Driven Healthcare Innovation, and Targeting $200 Million Revenue by 2029
  • From Broken to Soaring Week 40
EIG Global Trust
EIG Global Trust, the global leader in digital currency project financing, announced today the completion of the Blockchain Security Audits of both stablecoins; EIG Bank Coin (EIGBC) and USD Gold (USDG). Additionally, the company completed a proof of reserves internal audit in compliance with American Institute of Certified Public Accountants' (AICPA) criteria.

NEW YORK & LONDON - Washingtoner -- These all-important milestones back EIG Global Trust mission to provide confidence to  partners that their digital currencies foundations are secure and user wallets are  protected. The audits of EIGBC and USDG reviewed the integrity of the blockchain application, code, logic, architecture and smart contracts along with associated  interfaces including websites that show verifiable blockchain transactions. The audit  reports validate EIG Global Trust commitment to transparency, data security and  protection, as well as compliance with critical blockchain code standards to ensure  efficiency and mitigate any cybersecurity threats.

The audits were conducted by industry leader Hashlock, a trusted, fully independent  smart contract auditing & web3 security firm. Hashlock has performed more than 100  security audits of digital currencies that exceeded $25 billion in market cap.

Hashlock's analysis concluded "the EIG Bank Coin (EIGBC) project has a sound and well-tested code base. Overall, the code is correctly ordered and follows industry best  practices. The code is well commented on as well. To the best of our ability, Hashlock is  not able to identify any further vulnerabilities." Concerning USD Gold (USDG), Hashlock  stated "All contracts, libraries, and interfaces follow standard best practices to help  avoid unnecessary complexity that increases the likelihood of exploitation... The code is very well commented on and closely follows best practice nat- spec styling. All  comments are correctly aligned with code functionality."

More on Washingtoner
  • Tacoma: Full Intersection Closure at E. 11th Street and St. Paul Avenue for One-Day Asphalt Repairs on June 27
  • Spokane: Early-Morning House Fire Damages Two Homes on East Sanson Avenue
  • Spokane City Council Passes Aggressive Speeding Ordinance
  • Traian TKD Tractari Auto Iasi: cum transporti legal la RAR o masina fara numere sau cu ITP expirat
  • Republican National Hispanic Assembly & Metropolitan Republican Club Announce Strategic Partnership

Additionally, EIG Global Trust applied the AICPA recent stablecoin sufficiency of assets criteria in performing an internal audit by a licensed CPA. The audit focused on the asset  backing of the EIGBC and USDG stablecoins reviewing the completeness, accuracy, and  disclosures of the stablecoin issuer's redeemable tokens/coins outstanding,  redemption assets available to redeem, and the redemption assets are equal to or  greater than the redeemable stablecoins outstanding, the ratio of proof of reserves.

The internal audit reported that EIGBC ratio of proof of reserves were 109% & USDG ratio  was 833%, meaning that both stablecoins are more than 100% backed by registered and  verifiable precious metals and gold.

These achievements of security audits and validation of proof of reserves shows EIG  Global Trust continues to lead the world in digital currency transformation or  "tokenization" in project financing for governments, banks, and other financial entities.  EIG Global Trust is better positioned to provide partners the confidence to join EIG  Global Trust in this transformation with these independent audit verifications and AICPA  compliant procedures and valuations.

About EIG Global Trust:

EIG Global Trust (EIG) wholly owned EIG Bank Coin (EIGBC) stablecoin, a digital asset  built on a secured private blockchain, is backed by more than $1 trillion USD in  registered and verifiable gold and precious metals. The EIGBC is a $1 million USD  denominated par value stablecoin. EIGBC is actually "doubled back" by cash and cash  equivalents plus the secured gold and precious metals that has a growing asset base at  a rate of over 200% annually.

More on Washingtoner
  • Lake East Landscape Highlights Full-Service Landscaping Solutions Across Seattle and Nearby Areas
  • Proactive Tax & Advisory and Accountability Services Merge and Rebrand as Proactive Advisory Group
  • Mike Williams Golf Center Now Open at Georgia's Lanier Islands Resort
  • Appliance EMT Launches June "Summer Rescue" Promotion
  • New Luxury Single Family Homes From $976,990 in Manalapan

EIG Global Trust also has issued a commercial and retail level stablecoin for settlement  purposes, USD Gold (USDG); a $100 US denominated par value stablecoin token that is  initially backed by $50 billion USD in gold and precious metals.

EIG Global Trust also has the regulatory approvals in 71 countries to support by  providing underlying collateral for economic stabilization of currency and credit lines for  these client countries central, commercial banks, and other financial entities for project  financing.

EIG Global Trust is offering a limited time partnership opportunities with the world's  premier project financing leader using audited digital currencies that are 100% registered and verifiable precious metals and gold backed.
See https://www.eigglobaltrust.com

About Hashlock:

Hashlock is a leading blockchain security and smart contract auditing firm dedicated to  providing top-tier security services for blockchain projects. With a team of experts well versed in blockchain technology and smart contract auditing, Hashlock helps  organizations identify vulnerabilities and ensure the reliability and security of their  blockchain-based applications. https://www.hashlock.com.au/

Contact
EIG Global Trust / Chris Paget
***@eigglobaltrust.com


Source: EIG Global Trust

Show All News | Disclaimer | Report Violation

0 Comments
1000 characters max.

Latest on Washingtoner
  • Golden Visa Countries Outpace Eurozone Growth Over Eight Years, New La Vida Analysis Finds
  • Allstream Energy Partners Announced as Official Media Partner for the 2nd Annual Permian Power Conference
  • ATTENTION: DGCA India & CAAC China — Boeing Quality Chief Doug Ackerman Linked To 24 Year Unaccredited Manufacturing Gap Ahead Of 787 Failures
  • City of Tacoma to Implement Temporary Road Closures and Traffic Restrictions on June 12
  • Spokane: Notice from SPD as Team Egypt Arrives & FIFA Events Begin
  • Spokane: Significant Impacts to North-South Travel
  • CCHR Calls Out Psychiatry's Pattern of Resistance to Antidepressant Deprescribing
  • Boston Industrial Solutions Introduces New Natron® 310 Hyper White UV Ink for Enhanced Printing Performance
  • New Tribute Song Celebrating Seattle'
  • New analysis reveals second job workers keep just 80p in every pound they earn
  • NRE Health Institute Launches International Study Examining Motivations Behind Non-Sexual Nudity
  • A Foundational Claim in Human Secrecy Goes Public
  • Agape Leadership Academy Opens Nationwide Enrollment — State ESA Scholarships Cover Full Tuition for Families in 7 States
  • Las Vegas Headliner Don Barnhart Brings National Touring Comedy Show to Comedy Cabana
  • Nevada Boxing Hall of Fame Announces 14th Annual Induction Gala Weekend Honoring Classes of 2025 and 2026
  • Brosix Celebrates 20 Years of Private Team Messaging for Small and Mid-Sized Businesses
  • Top 15 Mosquito-Infested Cities in Louisiana and East Texas Ranked for 2026 Mosquito Season
  • From Broken to Soaring Week 40
  • Tacoma Dome Welcomes Class of 2026
  • Finnish Political Satire Film Generates 10,000+ Cross-Platform Interactions Following Gandalf Parody Video Across TikTok, YouTube and Telegram
_catLbl0 _catLbl1

Popular on Washingtoner

  • New Home of the Month: Spacious Luxury Meets Modern Design in The Bristol at Heritage at Manalapan - 219
  • Applicants Sought for the Tacoma Creates Advisory Board - 138
  • KLEKT Announces Appointment of Jay Kimpton to Board of Directors
  • Spokane: Flags Lowered for Peace Officers Memorial Day
  • Collectibles EvoRelic Celebrates Stellar 4.8-Star Customer Rating
  • Tacoma: City Manager Hyun Kim to Present ‘Roadmap to Recovery’ on May 12
  • iatroX surpasses 500,000 clinical queries and expands specialist exam coverage
  • The Simplest Small Business You're Probably Not Thinking About
  • All About Technology Celebrates 25 Years of Bridging Detroit's Digital Divide
  • American Mensa and Davidson Institute Join Forces To Strengthen Support for Profoundly Gifted Youth

Similar on Washingtoner

  • Proactive Tax & Advisory and Accountability Services Merge and Rebrand as Proactive Advisory Group
  • K2 Integrity Acquires RiskFront AI to Deliver AI Automation for Financial Crime Compliance and Risk Operations
  • PropAccount.com Launches PropGenie, the First Branding Studio Built for Prop Firm Operators
  • Golden Visa Countries Outpace Eurozone Growth Over Eight Years, New La Vida Analysis Finds
  • New analysis reveals second job workers keep just 80p in every pound they earn
  • Grady Bay Capital Completes Acquisition of Brickhouse GPS
  • AI Is Making It Easier for API-First Platforms to Connect, Partner, Reach Customers, and Grow Revenue Faster
  • Raiku launches rkuSOL with Sanctum, Kamino, Loopscale and Exponent
  • Greenland Mines Ltd (N A S D A Q: GRML) Advances Strategic Growth Initiatives as Critical Minerals Demand Accelerates
  • Entering the $69 Billion Animal Health Market, Delivering Record Growth, AI-Driven Healthcare Innovation, and Targeting $200 Million Revenue by 2029
Copyright © 2026 washingtoner.com | Terms of Service | Privacy Policy | Contact Us | Contribute