How applications of artificial intelligence can benefit the travel industry

Ultimately, it is a list of public records, also known as public accounting, where the transactions between the parties are recorded or stored.

The blocks are also permanent and can not be changed without the consent of the entire network and without changing all subsequent blocks.

The decentralized, permanent, time-stamped and unalterable nature of the data recorded in the blockchain means that the data is more protected, accountable and transparent.

In recent years, blockchain technology has created great enthusiasm in many industries and fields.

Tracking luggage Blockchain technology can be notably valuable in tracking luggage movements, particularly when it comes to overseas travel.

Prevention of fraud Consumers did hotel reservations through websites and believed that it belonged to the hotel but it is actually operated by scammers.

Erience solution is a rapidly growing leader among Blockchain development companies and Web/Mob Design & Development companies.Please Readmore: http://erience.co/  

In recent years, the top, Artificial intelligence companies in Bangalore such as Naspers, KDC and IBM have been expanding their R labs in India, China, Japan and Europe.

Companies like IBM and Yana are rapidly expanding into India and are providing a wide range of artificial intelligent solutions across a wide range of industries including financial services, transportation, consumer protection, energy, government and manufacturing to name a few.

The best companies in the world such as IBM, Cisco and others are also opening offices in the Asian region to further increase their presence in India and Asia.

As the technology becomes more developed and is made available to more consumers, then demand for this software will increase exponentially.

Companies that specialize in artificial intelligence research and development now have a global customer base.

Many top colleges and universities in India are also churning out software engineers, computer science professionals, and robotic engineers who are eager to find a job in the United States or Canada.

Chatbots are not limited to customer service forums.

Using one for your hiring process can set you apart in the job market and help lower your cost per hire while increasing your hiring time.In this way, you can ensure a unified and standardized approach for each candidate and provide consistency in communication and branding that ultimately satisfies candidates.Team assistance: Chatbots are not only useful in various stages of hiring, but they are also useful for existing employees.

Hopefully, chatbots will soon become a norm in the HR and operations departments.Advantages of implementing Chatbots in Human Resources:Chatbots help HR departments by decreasing the need to address explaining emails and evolving reminders to follow up on HR.

By acknowledging all basic employee questions directly and correctly, HR chatbots are increasing transparency and accuracy, creating a sense of responsibility.Through HR chatbots, employees can request instant feedback from their superiors and colleagues on presentations, records, and issues they have raised, on the same day.

Furthermore, they can also admit unknown comments to ensure their authenticity.HR chatbots can play a critical role in informing new hires about company culture and procedures.

No matter how enjoyable your onboarding method is, watching endless videos and performances in a span of a few days will not result in high information retention.Frees HR professionals from the monotony of repetitive tasks to focus on more transformative and productive activities that require their deep experience and skills.Saves time, money, and resources on heavy-duty, low-productivity administrative jobsBreak down information silos and make internal communication more effective and fluid.Help create seamless, personalized employee experiences by providing personalized assistance throughout the employee lifecycle.Why should you implement HR Chatbots NOW?There are two reasons that are important for integrating Human Resource Management Chatbots in the workplace.1.

Not all heroes wear capes, well, as far as I know, Artificial Intelligence can't!

AI has the power to tackle some of the world's social problems too (the real heroes are the masterminds who thought of AI in the first place).

For example: helping the blind by directing them, diagnosing cancer and many many more.

People are just learning to use AI and the possibilities are vast.

Which is why interest in AI has dramatically increased in the past few years.

And Google has taken this social initiative naming it “AI for Social Good”First of all, what is AI?

We have already seen and heard more about the impact of AI in different industries, like retail, logistics, healthcare, and so on.

Today we are going to discuss how AI is transforming the Pharmaceutical industry.

The use of technology in the pharma industry helps them to deliver safe and reliable drugs to market in time.

Statistics show that the biopharma market is projected to reach $10B BY 2024 (supplements101.ne).

The US and Asia is the largest pharmaceutical market globally.

New AI innovations, for example, Robotics and Microfluidics, blended in with Big Data Analytics, can fasten the drug development and approval process, thereby shortening the time to market frame.