Com2uS Group Discloses XPLA Circulation in Real Time... Conducts Ongoing External Audits

[Asia Economy Reporter Yuri Choi] Com2uS Group announced on the 9th that it discloses the circulating supply of its proprietary blockchain mainnet XPLA in real-time and undergoes continuous external audits. A blockchain mainnet is a platform that generates digital currency and allows the development and utilization of other decentralized applications.

To provide real-time disclosure of the circulating supply, XPLA has issued a transparency report. According to the disclosure policy announced along with the report, Com2uS Group publishes the circulating supply through annual reports, quarterly reports, and real-time reports. If there is a change of more than 0.1% in the total issued supply, prior disclosure is made, and if there is a change of 0.005%, it is notified within 14 days through the real-time report.

The real-time circulating supply is provided not only through XPLA’s official channels but also on major disclosure sites such as Xangle and CoinMarketCap. In particular, an application programming interface (API) that allows real-time verification of on-chain circulating supply data is provided to CoinMarketCap, enabling general investors to soon check the circulating supply via CoinMarketCap.

XPLA also undergoes continuous external audits by global accounting firms to verify the objective soundness of the project. The external audit includes identifying risk factors related to the existence and ownership of virtual assets, verifying the quantity of virtual assets on the ledger against the blockchain, proving the company’s ownership of the relevant virtual assets, and verifying virtual asset management such as internal controls of third parties when virtual assets are entrusted to third parties for custody.

A Com2uS Group official stated, "By providing XPLA investors with broad and transparent information about business operations, we enhance reliability and help them make rational decisions based on facts," adding, "Setting high standards in virtual asset business operations will help prevent unexpected mistakes and moral hazards and contribute to sustainable business."