The President of El Salvador, Nayib Bukele, has once again confirmed his ambition to make the small nation a hub of innovation in Latin America. This August 29, Google Cloud published an official blog post indicating that it is now collaborating with the government of El Salvador as part of a project to digitalize the country’s infrastructure. Scheduled to last 7 years, this project promises to attract large investors to the country which has had a beautiful love affair with bitcoin for almost 2 years. Details.
In short
• El Salvador partners with Google Cloud to digitalize its health and education infrastructure.
• The project aims to make El Salvador an innovation hub in Latin America.
• After adopting bitcoin, the country is the first in Latin America to embrace cloud computing.
El Salvador wants to digitalize its health and education systems
A few weeks after authorizing Binance to offer crypto services to Salvadorans, President Nayib Bukele is moving new pawns. He has just called on the company Google Cloud to digitalize the country’s services. The information has been published by Google in an official announcement this August 29.
The partnership is signed for a period of 7 years during which the services of Google Distributed Cloud will be used to modernize the health and education systems of El Salvador by digitizing the processes of invoicing, issuing authorizations, etc.
According to Google Cloud CEO Thomas Kurian, the adoption of cloud computing in El Salvador can “truly transform” Latin America. He says he has already seen this technology allow “small businesses and the public sector to have access to the same services and applications as more mature markets”.
El Salvador: the birth of a new bitcoin giant?
Does Nayib Bukele want to make the Cloud and bitcoin his allies to eradicate El Salvador’s debt? On social networks, he simply says that “El Salvador is moving forward”. For the president, “technology and foreign investment are essential to development. He intends to make his country become a “hub of innovation”.
At this time, the partnership has not yet received full legislative approval. In any case, the country of Nayib Bukele thus becomes the first country in Latin America to officially adopt Cloud technology.
El Salvador had made bitcoin an official currency since September 2021. Contrary to the dismal predictions of the IMF, it has still not gone bankrupt. Perhaps even El Salvador is preparing to become a bitcoin giant in Central America.
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