Menu
Washingtoner
  • Home
  • Health
  • Technology
  • Artificial Intelligence
  • Financial
  • Non-profit
  • Business
  • Concealed Carry
  • Music
Washingtoner

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

Trending...
  • City of Spokane Receives $1 Million in Wildfire Housing Assistance
  • New Book, The KI of Marketing, Helps Small Businesses Grow Without Trying to Outspend Bigger Competitors
  • Re:InvestorHub Launches the First AI-Powered Operating System Built for Real Estate Investors
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: In-District City Council Meeting to Take Place on September 30 at STAR Center
  • Tacoma: OMWBE Intro to Certification 101 Workshop on September 9
  • Tacoma: Homicide Investigation
  • Spokane: Male Poses as 'ServPro' Employee in Fire Affected Neighborhood
  • Spokane City Council Members Introduce Tenant Protections

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
  • Gigasoft 2026 JavaScript Chart Comparison: ProEssentials, Highcharts, SciChart, LightningChart, ECharts
  • Experienced eXp Realty Agent Kerri Lawless Guides Buyers and Sellers Through Life's Next Chapters in St. Tammany Parish
  • Supreme Garage Door Repair Redirects Marketing Dollars Into North Texas Communities
  • Spokane: Flags Lowered in Honor of Dolly Parton
  • RAS AP Consulting Spotlights Managed AP Governance™ at Esker All Access

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
  • RemoteBridge Names Dr. John N. Just, Ed.D. Chief Executive Officer
  • Project CIVICA Report Finds 10,680 Non-Citizen Indicators on New York Voter Rolls — Including 88 Records with Recent Voting History
  • New Analysis Details Three Converging Forces in AI and Workforce Policy Behind a $37 Billion GDP Reduction
  • Revenue Optics Launches Pricing and Revenue Growth Management Practice, Names Shafohi Alamgir Vice President
  • Popular AI planner Voiset launches version 2.0 and enters MENA at LEAP 2026 with full Arabic support
  • Diginyze eCommerce ERP Module Creates Single Source of Truth for Enterprise Operations
  • CasaPerks and CredHub Partner to Help the Multifamily Industry Strengthen Resident Activation Through Credit-Building Rewards
  • NaturismRE expands international research programme with Health & Wellbeing Survey
  • Tacoma: Applications Now Being Accepted for a Position on the Planning Commission
  • L2 Aviation and Gotonomi Extend UAV Connectivity Beyond Cellular Reach
  • Tacoma: Hylebos Bridge Closed Today for Maintenance Work
  • Democratic Candidate Daria Ilgen Announces Taxpayer Accountability Standard for New Taxes
  • Re:InvestorHub Launches the First AI-Powered Operating System Built for Real Estate Investors
  • Nadi Plumbing Leads Charlotte in Private Fire Hydrant Services, Eyes Regional Expansion
  • FindCostSeg Launches Nationwide Directory for Cost Segregation Providers
  • Master Of Science, Juggernaut Of The Screen: Landon Brittain Emerges As Hollywood's Most Unlikely Leading Man
  • Black Dog Venture Partners and VC Fast Pitch to Host "San Francisco Investors and Innovators" Networking Event
  • ExtraCarry Adds Pocket-Carry Holder for POM Pepper Spray
  • City of Spokane Receives $1 Million in Wildfire Housing Assistance
  • New Book, The KI of Marketing, Helps Small Businesses Grow Without Trying to Outspend Bigger Competitors
_catLbl0 _catLbl1

Popular on Washingtoner

  • Heritage at South Brunswick Introduces New Ferndale Floorplan: The Largest Single-Family Home Design in the Community - 548
  • Spokane: SPD Arrest Level III Registered Sex Offender for Failure to Register - 360
  • Tacoma: Applications Now Being Accepted for three Positions on the Urban Design Board - 134
  • Omnitronics launches Ecosystem Health Dashboard to enable proactive monitoring across dispatch environments
  • Phinge Exposes Massive AI Security Risks, Claiming Its Patented Hardware-Verified Architecture Is The Only Safeguard Against Surveillance Capitalism
  • On the Boards: Proform Builds Announce New Construction in Alki, Seattle
  • Premier Expands Presence with New Bellevue Flexible Workspace Location
  • The 'Tax Squeeze': Betsson's Record Quarter Previews the Economics of Finland's 2027 Casino Market
  • Salestrics Introduces PraiseEngine: The AI-Native Review Engine Built to Fix Social Proof
  • UK Financial Ltd Verifies Maya Preferred PRA Circulating Supply, Proving Its Eight-Year Promise of Under 1M Tokens After Chainlink Labs Agreement

Similar on Washingtoner

  • RAS AP Consulting Spotlights Managed AP Governance™ at Esker All Access
  • Pete Verbica: America Needs Statesmanship and Common Sense — Not a Cult of Personality
  • CasaPerks and CredHub Partner to Help the Multifamily Industry Strengthen Resident Activation Through Credit-Building Rewards
  • FindCostSeg Launches Nationwide Directory for Cost Segregation Providers
  • Black Dog Venture Partners and VC Fast Pitch to Host "San Francisco Investors and Innovators" Networking Event
  • Gravity Payments and Suno Software Partner to Simplify Payments for Independent Hearing Clinics
  • Real Estate Syndication Attorney Tilden Moschetti Releases The Real Estate Private Equity Blueprint
  • 5X Gross Margin Improvement to Beat EPS Consensus; $54.6 Million 10-Year Contract Award Puts Cybersecurity Leader on Path to a $30 Million Run Rate
  • Flexible Plan Investments Names Carl Resnick President
  • Space Ambitions Expanding as New Testing Builds on NASA Results and Targets MEO, GEO and Next-Generation Orbital Markets: Ascent Solar Technologies
Copyright © 2026 washingtoner.com | Terms of Service | Privacy Policy | Contact Us | Contribute