Each year, countless people get injured at work, affecting livelihoods and costing business owners an average of $2,000 each year per employee, so a company like Shell spends €184,000,000 annually. Specifically: Each and every day 1,000 people go out to work and do not return home because they die in a workplace accident – the equivalent of four plane crashes.
Workplace accidents resulting in injury or death result not only in severe hardship for affected families and co-workers, but also lead to drawn-out legal implications for the organization involved.
Current safety solutions are generally outdated (buzzers/pagers, attendance signs, walkie talkies).
More and more IoT solutions are being implemented in different work environments, while there are few systems that collect and use the relevant (safety) data it provides.
Safeguard is an established organization operating at the forefront of safety innovation. With a strong team and a working product since 2015, Safeguard is now raising €10,000,000 worth of NEO to achieve it’s biggest milestone yet: developing an open-source, AI-powered accident prediction and prevention platform that can make any workspace significantly safer.
Every day, thousands of people are faced with work-related injuries and safety threats, with an estimated 10 fatal accidents per day in the US alone. Apart from peoples’ livelihoods and health being at stake, the costs of workplace injuries are also immense; with the EU spending an estimated €476,000,000,000 each year, despite European working conditions being deemed
relatively safe. In most cases, injuries are easily preventable, had the safety risk been foreseen and intentionally avoided.
Safeguard’s current crisis communication platform provides a measurable solution to this problem, enabling small and large organizations to manage their safety practices at a data-driven, operational level.
Looking forward, the Blockchain-based Safeguard Protocol and its associated ecosystem will act as a safety-tech platform which others can use and contribute to. Hereby, organizations and developers are empowered to co-develop particular use cases and specifications on top of the platform’s core functionalities. To achieve this, the current (licensed) Safeguard Platform is going to be converted into an entirely open-source ecosystem. The Safeguard Token (SGT), forms a pivotal part of this ecosystem, enabling users with access to the Protocol whilst facilitating the incentivization of code contributors.
The Safeguard Foundation, a not-for-profit organization, will oversee the Safeguard Protocol. The Foundation serves the purpose of making accident prevention software universally available, enabling as many people as possible to benefit from safer work and living spaces. The Safeguard Foundation is therefore also responsible for growing Safeguard’s use cases beyond
work safety. Ultimately. this enables the platform to better facilitate safety in public spaces, recreational facilities, municipalities and entire communities. Safeguard Tokens (SGT) will be sold and distributed through a pre- and crowdsale process, of which the details are laid out in this white paper. Safeguard’s market rollout, software development and financial trajectories are also outlined in this white paper.
|“||Q4 2015: Proof of Concept
of the Safeguard platform.
Q2 2016: Alpha version of
Q3 2016: Beta version of
Q4 2016: Public Release of
Q3 2017: Sold other ventures.
Q1 2018: Drafting of white paper for the Safeguard
Token model and protocol.
June 2018: Pre-sale for
Q2 2018: Crowdsale for
Q3 2018: Open sourcing of the current
Q4 2018: Beta & Release
of Oracle framework.
2019 : Expansion to
Europe & Asia.
Q1 2019: Beta of decentralised
Q1 2019: Beta of the first Safeguard
Q2 2019: Release of decentralised
Q2 2019: Release of the first Safeguard