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Cuba Uses Big Data To Help Tourism, But Their Networks Lack Capacity

Aug 10

dkatana writes: The Cuban government is very active in reshaping the country’s industry, not only focusing on leisure and cultural tourism. The biggest challenge, however, is the quality of Internet connections. Cuba’s global ranking for Internet speed is 196 out of 200, averaging 1.6 Mbps, just ahead of Guinea, Gambia, Equatorial Guinea, and Niger.

Another thing that Cuba lacks: free movement of currency, as reader lpress points out: Cuba has two paper currencies — the Peso and the Convertible Peso or CUC. CUCs are worth about $1 and Pesos, which are used for government salaries, are worth about $.04. But, what about Bitcoin? The first Cuban Bitcoin transaction is history. Will Bitcoin be used by Cubans and Americans to sell goods and services without the knowledge of their governments? Cuban offshore developers might be the first to use Bitcoin.


Read more of this story at Slashdot.

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