This Startup Wants to Reward you for Driving Safe

Nuel Iyere
Coinmonks

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Pexels: RODNAE Productions

Road crashes are a menace in our society today.

An alarming 1.35 million people die every year from road traffic crashes, says the World Health Organization — that is 3,700 lives lost every day.

And of the 190 countries on the planet, only 28 (with just 7% of the world’s population) have laws against road accident risk factors — drunk driving, speed, child restraints, helmets, and seat belts.

While it seems like governments aren’t doing enough to curb this, most of these accidents are avoidable.

K Safe is an Australian startup that’s exploring the power of blockchain and smartphone technology to make the world a safer, healthier, and better place. And their goal is to reduce car crashes by 25%.

But how?

Here’s how Ksafe works

Ever heard of ‘Play-to-Earn’ (P2E) games? These are Web3 games where players can earn cryptocurrencies when they win battles or complete challenges. Players can then use these cryptocurrencies to buy valuable in-game assets or exchange them for other…

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Nuel Iyere
Coinmonks

Fintech & B2B SaaS Copywriter: simplifying complex technical concepts in DeFi & finance. Email: nuelzypen@gmail.com | Twitter @nuel_emailcopy