Between 1999 and 2001, Steve Marshall, CEO of Cuba Ventures, pioneered the first Cuban remittance and online store, not unlike today’s Amazon, called “Cuba Gift Store”. Knowledge gleaned from, what was then a ground-breaking venture, allied to today’s modern mobile app, blockchain and overall advances in technology mean that the many manual processes needed almost two decades ago are now easily automated through disruptive technology such as the blockchain. The company feels that today’s Cuba, with its extensive use of mobile technology, nationwide cellular network and thousands of Wi-Fi hotspots, creates a fresh and, currently untapped, opportunity in the $3.4 Billion remittance and $750 Million private enterprise sectors.
You are viewing a single comment's thread from: