What is Safeguard?
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.