Coinbase unveils plan to protect workers from coronavirus

The coronavirus epidemic has been going on for almost three months and shows no significant signs of slowing down. While the world’s governments were primarily held responsible for curbing their spread and helping those affected, several companies have now committed to protecting their workers.

The major U.S. cryptocurrency exchange, Coinbase, has shared this process of supplying workers to offices in vulnerable regions.


Preparation for an escalation in those affected

In a recent document, Brian Armstrong, CEO of Coinbase, outlined the company’s plans to curb the spread of the virus and protect its employees. The document stated that the exchange would introduce a four-tier response system, with each step representing an increase in the number of people affected in the communities where the exchange has offices.We have a permanent crisis management team that constantly checks new information.

We have set up a four-tier escalation ladder (from tier 0 to tier 3) to respond to changes affecting the Coinbase offices, ”the document said.As described in the document, Phase 1 takes effect when more than 100 cases of “in-the-wild virus transmission from person to person.” to limit the necessary personnel. At the same time, employees can work from home.