{"id":5454,"date":"2021-06-17T22:58:26","date_gmt":"2021-06-17T22:58:26","guid":{"rendered":"https:\/\/tokpie.io\/blog\/?p=5454"},"modified":"2024-02-25T12:54:11","modified_gmt":"2024-02-25T12:54:11","slug":"trade-safety-token-workers-health-bsc","status":"publish","type":"post","link":"https:\/\/tokpie.io\/blog\/trade-safety-token-workers-health-bsc\/","title":{"rendered":"Industrial Safety Performance Trading Platform: SAFETY Token"},"content":{"rendered":"\n

Did you know that one worker dies every 15 seconds due to a work-related accident or disease? As a result, there are around 2.3 million workers death per year globally. That problem costs 3 trillion USD of global GDP annually. However, the Industrial Safety Performance Trading Platform wants to use blockchain technology to solve this problem. With the help of the Safety Credit Score and SAFETY token, the team aims to improve workers’ health and safety conditions worldwide. It works similar to emissions trading to decrease pollution. Let’s learn more about that project and how to trade its SAFETY tokens on the Tokpie exchange. <\/p>\n\n\n\n

Update<\/strong>: Project\u2019s website is not working.<\/p>\n\n\n\n

What’s the Industrial Safety Performance Trading Platform?<\/h2>\n\n\n\n

The Industrial Safety Performance Trading Platform is a crypto project that rewards companies for investing in improving their workers’ health and safety conditions. In other words, it’s like a software as a service (SAAS) solution for businesses. How does it work? Shortly, companies pay for a subscription with SAFETY tokens to get an audit and recommendations on making the health of their workers better. As a result, businesses get “Safety Credit Scores” and can trade them on the marketplace. YES! It looks like emissions trading to decrease pollution. <\/p>\n\n\n\n

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How it works: Industrial Safety Performance Trading Platform<\/figcaption><\/figure><\/div>\n\n\n\n

So, business owners get the motivation to invest in health programs for their workers. Moreover, companies with improved Safety Performance and good Safety Credit scores would be eligible to receive funding for their urgent and critical safety projects through community funding on SAFETY’s platform.<\/p>\n\n\n\n

What’s the SAFETY token?<\/h2>\n\n\n\n

SAFETY is the BEP20 (BSC) token that allows safety-performance trading. Also, companies from different industries can buy services on the marketplace and vote for the proposed initiatives. Important to note that each transaction leads to a 10% deduction (tax). Moreover, that deduction, in turn, goes to the workplace safety improvement fund. Also, note that the total supply of the coin is low: 150,000,000. Check the allocation chart below.<\/p>\n\n\n\n