Promoting the application of AI and blockchain technology in production and business

Mr. Vo Duc Anh, Deputy Director of the Danang Center for Supporting Innovation and Startups (2nd from right) discussed at the discussion within the framework of the event. Photo: PV

At the event, experts shared an overview of the digital asset market in Vietnam, where blockchain technology is gradually asserting its role as a practical tool rather than just an experimental technology.

Blockchain is considered a platform that helps businesses digitize value, manage assets transparently and increase trust in all transactions. This technology can be applied in many fields such as tracing the origin of goods, authenticating data, managing supply chains or ensuring information integrity in production and business activities.

In addition, experts emphasize the role of Generative AI as a driving force for innovation in modern business and management. If blockchain is the foundation for trust and transparency, then Generative AI is the key to promoting creativity, productivity and efficiency in the digital age.

With its ability to process language, images, and massive amounts of data, generative AI is opening up opportunities for businesses to automate processes, make faster decisions, and innovate products and services in a more flexible, intelligent, and competitive way.

Speaking at the seminar "From prejudice to practice: Applying blockchain & AI for Vietnamese enterprises in the digital age" within the framework of the event, Mr. Vo Duc Anh, Deputy Director of the Danang Center for Supporting Innovative Startups (Department of Science and Technology) said that the Danang government is actively developing a sandbox testing policy and a technology testing mechanism.

Encouraging local businesses to implement innovative models, with the goal of transforming Da Nang into a smart city and a leading innovation hub in the Central region.

According to Mr. Vo Duc Anh, although the potential of blockchain and AI is huge, there are still certain barriers, especially in the perception of small and medium enterprises.

For technology to truly deliver value, businesses need to start with specific and feasible solutions, such as applying AI in customer service or implementing blockchain for product traceability and smart contract management.

Once a suitable data platform and operating process have been built, businesses can gradually scale up their applications, moving towards comprehensive digital transformation and sustainable development.

Source: https://baodanang.vn/thuc-day-ung-dung-cong-nghe-ai-va-blockchain-vao-san-xuat-kinh-doanh-3308170.html