Menu
Washingtoner
  • Home
  • Health
  • Technology
  • Artificial Intelligence
  • Real Estate
  • Entertainment
  • Business
  • Concealed Carry
  • Software
Washingtoner

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

Trending...
  • Future Intelligence Think Tank Surpasses 1,000 Members Exploring Human and Artificial Intelligence
  • West Coast Self-Storage Manages Airport Money Saver in Tumwater, Washington
  • Spokane: City to Temporarily Close Pedestrian Access to Browne St Viaduct
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
  • Acuvance Coker Study Finds Experience, Not Supply, Is the Biggest Advanced Practice Provider Workforce Challenge
  • Molecular Hydrogen Syngergists - Webinar by Dr. Bruce Berkowsky
  • Spokane: 18-Year-Old Male Deceased After Fatal Motorcycle Collision
  • Uk Financial Moonshot Token™ Robinhood-chain Goes Live On Tokpie Exchange Tomorrow, With Solana Side Of UKFLMS To Follow In Global Listing Expansion
  • Spokane: Tree Trot 5k Fun Run October 3 at Finch Arboretum

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
  • TBM Council Launches Global E-Learning Platform to Drive Role Fluency
  • Tacoma: Nominations Open for 2027 Dr. Martin Luther King, Jr. Community Service Awards
  • Solid Earth's new "Welcome to Real Estate" campaign introduces RealtyID™: Know Before Your Open the Door
  • Radio Drive's New Album Walk With Me Delivers Two GRAMMY® Submissions Across Rock and Alternative Categories
  • Kaplan Morrell and Attorney Jacqui Condon Selected to Represent Professional Women's Soccer Players in Workers' Compensation Matters

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
  • Bank Statement Loans Up to $30 Million: Lendmire Announces High-Net-Worth Financing
  • Guberman to Business Owners, Implant Patients: Your ISO 9001,ISO 13485 AS9100,AI9100 Certificate Is Dead, and Nobody Knows What's Inside You
  • NYC Big Book Award Celebrates 10th Anniversary with Announcement of 2026 Winners
  • Squaawke Releases a Hymn-Cycle Written for Intelligent Machines
  • Tickeron Launches New AI Trading Robots for Semi & Finance with Profit Factor 2.8 for Hedge Funds (JPM, BAC, NVDA, GOOG, AVGO, META, AMD)
  • Regional Magazines Shine at IRMA Awards
  • Spokane: Impacts For Final Stretch of Construction Season
  • Kocer Consulting & Engineering's Dan Kocer Named 2026 PNAA Chair Award Recipient
  • Matt Zavala of Zavala Law, PC Selected to the 2027 Super Lawyers List
  • Sawgrass Ford President Attributes Dealerships Success to Long-Term Employees
  • Ragin' Cajun Announces New Cheeseburger Seasoning on National Cheeseburger Day
  • Warrant Activity, AVERSA™ Progress and a Potentially Transformative Fall Take Center Stage: Nutriband Inc. (N A S D A Q: NTRB)
  • Santa Your Way Announces Official 2026 Q4 Holiday Tour: Booking Open For Santa, The 5-star Grinch, And Dual Character Experiences Nationwide
  • Put Your Herd on Your Phone: Kiko Nation Makes Livestock Management Simple
  • Future Intelligence Think Tank Surpasses 1,000 Members Exploring Human and Artificial Intelligence
  • Gary Bernstein Expands Media Leadership Role With Senior Strategic Advisor Appointment To Blacksun Private Equity
  • Headline: House of Nova Paints Every Face in Gold at New York Fashion Week
  • Can Government Operate Better Through Innovation?
  • Michael H. Kaplan Advocates for Seriously Injured Colorado Workers Who Need In-Home Care
  • Gravis Law Named in the 2026 Inc. 5000 List
_catLbl0 _catLbl1

Popular on Washingtoner

  • Popular AI planner Voiset launches version 2.0 and enters MENA at LEAP 2026 with full Arabic support - 253
  • Diginyze eCommerce ERP Module Creates Single Source of Truth for Enterprise Operations - 181
  • Continuous You Foundation Opens Applications For A 100-year Artist Grant - 152
  • 3ptechies Partners with Coolmuster to Give Away Data Recovery Software Licenses - 144
  • Break the Resume Mold: Career Valet Changes How Executives Hunt for Jobs - 143
  • Tacoma: Applications Now Being Accepted for a Position on the Planning Commission - 140
  • DuoKey launches the World's First Agentic Crypto Agility Platform - 132
  • Tacoma: Hylebos Bridge Closed Today for Maintenance Work - 128
  • Dr. Pen Official Introduces Advanced Microneedling Technology for Precision Skincare at Home - 110
  • Marti Reeder Ranked Among Washington State's Top Real Estate Brokers by RealTrends Verified - 102

Similar on Washingtoner

  • Uk Financial Moonshot Token™ Robinhood-chain Goes Live On Tokpie Exchange Tomorrow, With Solana Side Of UKFLMS To Follow In Global Listing Expansion
  • Solid Earth's new "Welcome to Real Estate" campaign introduces RealtyID™: Know Before Your Open the Door
  • Lunai Bioworks (N A S D A Q: LNAI) Takes Parkinson's Discovery to the Next Level With Exclusive Tanaist Agreement
  • Bank Statement Loans Up to $30 Million: Lendmire Announces High-Net-Worth Financing
  • Warrant Activity, AVERSA™ Progress and a Potentially Transformative Fall Take Center Stage: Nutriband Inc. (N A S D A Q: NTRB)
  • Put Your Herd on Your Phone: Kiko Nation Makes Livestock Management Simple
  • Gary Bernstein Expands Media Leadership Role With Senior Strategic Advisor Appointment To Blacksun Private Equity
  • Building a Diversified Healthcare Platform as Exosome Science, Telehealth, Diagnostics & Strategic Acquisitions Converge: NexTel Medical (OTCID: MAJI)
  • Notaron Expands Online Notarization Access Following Wisconsin Approval
  • The Social Capital Revolution Comes to Phoenix!
Copyright © 2026 washingtoner.com | Terms of Service | Privacy Policy | Contact Us | Contribute