Hide slashes in italic text in org-mode

Question

By default, text between slashes is italicized:

Is there a way to have org mode hide the slashes while keeping the text italicized?

UPDATE

NickD's answer below works great! Here's what it looks like:

Answer 1

I believe that setting org-hide-emphasis-markers to something non-nil will do what you want. The doc string of the variable says:

org-hide-emphasis-markers is a variable defined in ‘org.el’.
Its value is nil

  This variable is safe as a file local variable if its value
  satisfies the predicate ‘booleanp’.

Documentation:
Non-nil mean font-lock should hide the emphasis marker characters.