Menu
ncarol.com
  • Home
  • Business
  • Health
  • Real Estate
  • Non-profit
  • Arts
  • Education
  • Technology
  • Books
ncarol.com

EIG Global Trust Completes Blockchain Security and AICPA Compliant Audits to Further Their Commitment to Digital Currency Project Financing
ncarol.com/10268246

Trending...
  • Digital Watchdog Launches New myDW Cloud Services
  • Drone Light Shows Emerge as the New Standard in Live Event Entertainment
  • Lore Link is Here to Help Organize Your Game
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 - ncarol.com -- 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 ncarol.com
  • Hinuera Properties and The Sage Plant Announce Modern Townhome Project in the Piedmont Triad
  • The Sage Plant Drives PropTech in the Piedmont Triad
  • NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
  • Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
  • Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses

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 ncarol.com
  • SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
  • From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
  • Veterans for America First's Vet Force community outreach is expanding said David Draper VFAF
  • New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
  • Why Regular Visits to a Dentist in Kernersville Protect More Than Just Your Smile

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 | Report Violation

0 Comments
1000 characters max.

Latest on ncarol.com
  • Chappaqua's Annual Townwide Summer Sale – Unbeatable Savings at Your Favorite Local Boutiques!
  • Skyline Partners with ZenSpace to Offer Private Meeting Pods for Trade Show Exhibitors
  • AI Innovation Dual-Strategy Business Model Focused on Real Estate Development for Strategic Expansion: OFA Group, (N A S D A Q: OFAL)
  • Construcción del Corredor Norte–Sur (NSC) de Singapur
  • New Report: Slip and Fall Accidents Rank as the Leading Cause of Construction Site Fatalities
  • Get Your Cowboy Boots On! Causeway Country BBQ Music Festival Kicks Off September 12–14 in Ft. Pierce
  • Retired Hobbyist Launches Bold Weekly Album Project Using AI Songwriting Tools
  • DimHum Launches Revolutionary CrowdShipping Service
  • Eolian Signs New Information Exchange Agreement with the U.S. Department of Defense for Technology Innovation
  • Infinite Health Introduces Cutting-Edge Regenerative Medicine for Wound Care with Trip Goolsby, MD
  • Bang Bang Burgers and Orrman's Cheese Shop Unleash The Mac Daddy for National Mac & Cheese Day
  • Top Dentist Concord CA, Smile Makers Dental Care, Celebrates 500 5-Star Reviews
  • Bio-Inspired Technology-Dynamic and Adaptable for unknown real-world environments
  • Community-Based Marriage Enrichment Support
  • Michael Reafsnyder opens solo exhibition at Scott Richards Contemporary Art in San Francisco
  • Valley Sleep Therapy Expands to Prescott with New Location at Crossings Road
  • $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
  • $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
  • Scott Burton Releases Chaos: The Weight of a Memory, a Poetic Journey Through What Still Lingers
  • The Business Hyve Opens Waitlist for Groundbreaking Community Built for Small Business Success
_catLbl0 _catLbl1

Popular on ncarol.com

  • Experience Trembling Firsthand with the New AgeMan® Tremor Simulator - 117
  • Mauro Schnaidman named as Managing Director in Miami, Florida
  • csky.ai & DuoKey Launch Secure AI Transcription Solution for Microsoft 365
  • Let's Talk Series: At the Crossroads: Immigration Today
  • Continued Streak of Recognitions with Multiple Chambers and Partners Rankings
  • LIB Continuous Innovation: Custom Rain Test Chambers & IP Labs
  • Innovative EDM Music Project, "Terms of War," Depicts an A.I. Takeover of Earth
  • Beyond the Template: Why Custom Web Design is a Power Move for Small Businesses
  • DumpEmDumpsterRentals.com Launches in Charlotte, Offering 10% Off 3-Day Rentals
  • Local Clinic Fills the Gaps Politicians Don't Want to Talk About

Similar on ncarol.com

  • Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
  • NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
  • $18 Price Target Issued in New Research Report After $34 Million Revenue Forecast from Acquisition; $101.5 Million Net Revenue in 2025; NAS DAQ: IQST
  • The AML Shop Launches New Financial Investigations Unit, Appoints Director to Lead the Initiative
  • Digital Watchdog Launches New myDW Cloud Services
  • AI Innovation Dual-Strategy Business Model Focused on Real Estate Development for Strategic Expansion: OFA Group, (N A S D A Q: OFAL)
  • $17.4 Million Total Revenue for First Half of 2025 (up 31.8% YOY) for Global Wet Trades Services Provider with High Value Bitcoin Investments
  • $12.8 Million Net Revenue for 2024 for Cloud-Based Crowdsourcing Recruitment and SaaS-Enabled HR Solutions Provider: Baiya International Group Inc
  • Plan to Launch Silo Technologies' Cybersecurity Pilot Program for Ultimate Nationwide Deployment via Exclusive Partnership: Stock Symbol: BULT
  • AI-Based Neurotoxin Countermeasure Initiative Launched to Address Emerging National Security Needs: Renovaro, Inc. (N A S D A Q: RENB)
Copyright © 2025 ncarol.com | Contact Us | Privacy Policy | Terms of Service | Contribute