Numerous people face fatal work injuries, illness, and many die because of accidents on their jobsite. The statistics show that minimum 10 people suffer with fatal injuries because of accidents within the workplace. The number of injuries and illness would be pretty high on the global level. These accidents not only affect the workers, but also the industries. The productivity reduces quite significantly because of the accidents on jobsites. Around €476,000,000,000 loss is occurring every year because of such accidents. Now is the time to address this issue so that the workers can work safely and companies can reduce their loss.
The Safeguard Protocol is introduced to address this problem. This will form safety systems that will aid in preventing accidents on the jobsite. The developers are developing a decentralized platform to prevent accidents and injuries before that take place. This system will predict the situations under which people can face injuries. Thus, the employees will work more carefully than they work now. Safeguard’s target is to reduce the injuries and accidents at work place about 22% by 2022.
How does Safeguard Protocol work?
Safeguard is introduced as an open source safety protocol for the industries. This is a non-profit platform that uses the blockchain technology to achieve its goals. This platform will work to create new safety applications by utilizing the state-of-the-art technologies such as AI, Blockchain, and other latest technologies.
This platform will constantly gather data from different workplaces and feed it into its system. The AI system will understand the risks of physical injuries on the workplace to predict when the accidents occur and how the employees can prevent these accidents. This platform will rely on IoT to collect data from different jobsites. It will model and process the data in order to assess the situations in which people may suffer with fatal injuries. This platform will inform about the potential injuries before that take place. That’s how it is going to help different industries in preventing the physical and financial loss.
The developers have chosen open source to offer the next generation solution:
Hence the leading business organizations across the globe are rapidly adopting new technologies, the developers of the Safeguard Protocol do not want to provide a solution that will soon get outdated. This platform is offering an open source solution to provide the safety controls in everybody’s hands. That’s how every individual and business owner can take advantage of this platform and its solutions without spending a lot on safety.
The Safeguard Protocol is offering decentralized solutions. The main goal of the developers is to globalize the safety industry and enhance the safety on all kinds of work places. Whoever invests in this platform, he will be investing his bucks in improving the safety and developing the Safeguard Protocol ecosystem.
Safeguard Protocol conclusion:
When other agencies are working to enhance the productivity, the Safeguard Protocol is focusing on the ways of prevent accidents and work injuries. It is a unique blockchain based solution that will get popular quite rapidly.
Links:
Website: https://safeguardtoken.com/
Whitepaper: https://safeguardtoken.com/assets/whitepaper/Whitepaper_Safeguard_Token_v1.4.2.pdf
Telegram: https://t.me/safeguardtoken
Posted from my blog with SteemPress : https://icoshrimp.com/safeguard-protocol-a-platform-equipped-with-the-state-of-the-art-technologies-to-prevent-workplace-accidents/