The PennZone

  • Home
  • Non-profit
  • Books
  • Health
  • Marketing
  • Business
  • Music
  • Automotive
  • Sports

EIG Global Trust Completes Blockchain Security and AICPA Compliant Audits to Further Their Commitment to Digital Currency Project Financing
The PennZone/10277542

Trending...
  • CoreVar Announces Cooking with AI, an Eight-Topic Live Webinar Series
  • Mr Hospital Bed Cites Hill Rom Hospital Bed Models Best Value Home Care Hospital Beds 2026
  • Ryan J. Murphy Named as 2026 Irish Legal 100 Honoree
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 - PennZone -- 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 The PennZone
  • Access Control Security Shares 5 Ways Retailers Can Prevent Holiday Theft
  • Bountiful Bowl Aims to Raise $50,000 to Support Meals on Wheels of the Greater Lehigh Valley
  • Extreme Lead Program Highlights $27 Real Human Traffic Test for Affiliate and Network Marketers
  • Longevity Academy Features Gail Humble, MD of KLOTHO SKIN in the Longevity Leaders Project
  • Datavalet Named One of Quebec's Best Workplaces™ for 2026

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 The PennZone
  • Phinge Corporation Engages Sheridan Ross PC for Certain Intellectual Property Matters
  • Alan Hamilton of Shiver Hamilton Campbell Inducted as a Fellow of the American College of Trial Lawyers
  • Slotozilla Hosts Exclusive Halloween Casino Bonuses for 2026
  • One Night. One Encounter. A New Season Of Purpose
  • "BROOKLYN, BROOKLYN, BROOKLYN" children's book and official YouTube channel launch on October 27th

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 The PennZone
  • CoreVar Announces Cooking with AI, an Eight-Topic Live Webinar Series
  • Mr Hospital Bed Cites Hill Rom Hospital Bed Models Best Value Home Care Hospital Beds 2026
  • Dr. Lynn Peterson Releases Food: The Final Frontier on Food and Chronic Disease
  • Tucker Chiropractic Center Highlights a Root-Cause Approach to Pain Relief & Wellness
  • WOWX labs Closes US$10 Million Founder-Led Growth Financing as WOWX.market Enters Scale Phase
  • BESTBUYSTORE opens its dropshipping model to independent merchants
  • America's Hometown Thanksgiving Parade in Plymouth, MA, on Saturday, November 21, 2026
  • Navigating a Changing Market: How AIX Group Is Responding to a Challenging Year
  • 450 Million Revenue Run Rate, Global Telecom Reach and a New Digital Growth Opportunity Take Center Stage: IQSTEL, Inc. (N A S D A Q: IQST)
  • Wave Helicopters Takes FLIBS 2026 to New Heights
  • Canada's First Data Lakehouse Goes Global in Banking: Nabil Bank Becomes Nepal's First Bank to Implement a True Agentic Lakehouse Platform, DataNature
  • Latin GRAMMY-Winning Cuban-American Conductor Dr Yalil Guerra to Lead Pepperdine's Oklahoma!
  • Highsfield Showcases Earth Zoom Generator for Cinematic AI Videos
  • Patton AI Launches Patton Hive 4.5: Wartime Breakthroughs for Drones and Robots When GPS Goes Dark
  • Wisdom trumps wrinkles: 66% of Aussie women wouldn't turn back the clock
  • Attorney Jason M. Sullivan Quoted in The Telegraph on Trump's $10 Billion BBC Lawsuit
  • Sherri Horsey Darden: A Visionary Woman Building a Legacy of Inspiration, Community, and Excellence
  • Sycamore Dove Releases "Loving Every Moment"
  • Hospital Direct Medical Equipment Company Seeing Growth in Used Refurbished Medical Equipment Sales
  • Scoop Social Co. Brings Its Signature Mobile Dessert Experience to Nashville

Popular on PennZone

  • SMACK Fighting Championships Announces Influencer Fight Night at Harrah's Philadelphia - 156
  • Curtis Salgado shares a love letter to the city of Chicago and Otis Rush with new single - 128
  • Pregis to Highlight EPR Expertise, Sustainable Packaging Solutions and Live Automation Demonstrations at Pack Expo International 2026 - 118
  • Ad Leverage Sponsors ServiceTitan Pantheon 2026, Supporting Education and Growth in the Home Services Industry
  • Harvard Educated Board Certified Endodontist Joins Pearlfection Dentistry
  • From Newcomers to Neighbors: LINC Celebrates the People Who Make the Valley Home
  • New Children's Picture Book "Tippy Tay" Explores the Dangers of Peer Pressure and the Importance of
  • BJJ App mmaGPT Expands Academy Program to Support Jiu-Jitsu Instructors with AI Technique Coaching
  • New Children's Picture Book "Adam's Apple" Celebrates Childhood Curiosity and the Funny Misundersta
  • Atlas Advisors President and Founder Mike McGuire Named a 2026 Leader in Business and Finance by LVB

Similar on PennZone

  • New Research Spotlight, Expanding TUSC2 Science & Strategic Development Milestones Put Gene Therapy Innovation into Focus for Genprex (NAS DAQ: GNPX)
  • Expanding Into Medically Supervised Wellness With Major Apollo Wellness Centers Announcement; Sibannac, Inc. (Stock Symbol: SNNC)
  • Dynamic Relaunch as AI Predictive Cybersecurity Company Optimized to Prevent Threats Proactively: Cycurion, Inc. (N A S D A Q: CYCU)
  • With Oil Prices Surging…Sky Quarry's Nevada Refinery Is Back in Action — CEO Highlights a Powerful New Growth Chapter for (N A S D A Q: SKYQ)
  • One in three Americans may have lost track of retirement savings from a previous job
  • Political Concerns Drive US Investors to Golden Visas
  • WOWX labs Closes US$10 Million Founder-Led Growth Financing as WOWX.market Enters Scale Phase
  • Navigating a Changing Market: How AIX Group Is Responding to a Challenging Year
  • 450 Million Revenue Run Rate, Global Telecom Reach and a New Digital Growth Opportunity Take Center Stage: IQSTEL, Inc. (N A S D A Q: IQST)
  • Canada's First Data Lakehouse Goes Global in Banking: Nabil Bank Becomes Nepal's First Bank to Implement a True Agentic Lakehouse Platform, DataNature
Copyright © The PennZone | Theme: OMag by LilyTurf Themes
  • Contribute
  • Privacy Policy
  • Terms of Service
  • Contact Us