The collaborative robot market is flourishing as there is a trend towards simplification, modularity, and increased flexibility on the production line. But when humans and robots are collaborating in a shared environment, the safety of humans should be a priority. We introduce a novel wearable robotic system to enhance safety during Human Robot Interaction (HRI). The proposed wearable robot is designed to hold a fiducial marker and maintain its visibility to the tracking system, which, in turn, localizes the user's hand with good accuracy and low latency and provides haptic feedback on the user's wrist. The haptic feedback guides the user's hand movement during collaborative tasks in order to increase safety and enhance collaboration efficiency. A user study was conducted to assess the recognition and discriminability of ten designed haptic patterns applied to the volar and dorsal parts of the user's wrist. As a result, four patterns with a high recognition rate were chosen to be incorporated into our system. A second experiment was carried out to evaluate the system integration into real-world collaborative tasks.