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⍰ ASK How can companies leverage emerging technologies, such as AI and blockchain, to enhance their digital transformation efforts?

Arrtificial intelligence, can be used to automate everyday tasks, analyze big sets of data to find useful information, and make decision-making processes better. Machine learning algorithms, a type of AI, can improve personalized customer experiences, make supply chain operations smoother, and increase overall efficiency.

Blockchain is a technology that offers a secure and decentralized way to handle and check transactions. Companies can use blockchain for clear and tamper-proof record-keeping, especially in areas like supply chain management and financial transactions. This makes everyone involved more accountable, reduces fraud, and builds trust among people connected to the transactions.

When AI and blockchain work together, the benefits get even bigger. AI algorithms can look at data stored on the blockchain, giving real-time insights and predictions. For example, in healthcare, using AI and blockchain together can make patient data more secure and help different systems work together better.
 

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