Miracle Banking’s deposit system was just for collecting before, for example the gnomes and the surrounding tribes. Because they didn’t have enough public trust, they could only cooperate with their close allies, but now it was different. Meng Qingwu decided to develop the bank which would be an important part of Miracle Commerce and would bring continuous amounts of profit for Miracle City in the future.
As for controlling for risks?
There was no need to worry!
Meng Qingwu was very confident in the current Miracle Commerce. There were too many things to invest in for Miracle Commerce, so the failure rate of these investments were negligible.
Miracle City’s situation was completely different. Whether it was the citizens or the surrounding tribes, they all had very good feelings for Miracle City. It was time for the citizens to deposit their money and for the currency to reform.
Meng Qingwu had spent quite a bit of effort to collect the information of the citizens and popularized the citizen cards in the city. Now they were met with initial success and Miracle Banking received tens of thousands of source stones in deposits. There were around a million people in the city and there were several million source stones in circulation, even if they only took in a tenth, that was still several hundred thousand.
Of course, in order to stimulate people to deposit money, Miracle Banking announced the interest rate. When one opened a personal account, it would be 5% interest with a part paid daily and it could be taken out whenever.
As for the fixed deposit accounts, there were monthly, half year, entire year, two year, three year, and etc. The longer it was deposited for, the interest was higher, reaching 50% for three years.
Putting a hundred source stones in the bank for three years, not only would one get all the hundred source stones without one missing, one would gain fifty source stones from the interest. Miracle Banking also allowed one to take it out early, but it would automatically adjust to the amount of time saved and a handling fee would be charged. It was definitely a popular method to store one’s money.
The most important thing was.
Banks were built in the Great Zhou Country, the Great Summer Country, the various forest cities, other countries, and Miracle City.
Miracle Banking was managed by the Smart Brain network and with several dozen Super Source Energy Matrices working at the same time, a data system could be established. After people deposited source stones with Miracle Banking, they could withdraw them at any Miracle Banking location.
Other than that, Miracle Banking also had a direct consume option. Whether it was the Miracle Shopping Center, Miracle Restaurant, Miracle Arena, Miracle Trial Field, or Qilin Hall, as long as they were managed by Miracle Commerce, one could use the card to directly pay. It was fast and convenient.
Miracle Banking also took care of currency exchange. Their currency would be linked to source stones and they could directly exchange for source stones with Miracle City. People could directly transfer for other currencies for their daily needs, which made it much more convenient.
Miracle Banking was also testing direct account transfers.
In the future, when merchants traded with each other, they could directly go through Miracle Banking. This avoided the trouble and risks of carrying large amounts of source stones and they could keep the source stones in the bank to earn interest, so why wouldn’t they do it?
Meng Qingwu was a strategist taking a long term approach. With Meng Qingwu’s personal plans and arrangements, as well as Delores taking the helm, how far would Miracle Banking develop?
Chu Tian never asked or cared about the company.
The company was filled with various talented people, so why would he blindly try to mess with it?
Chu Tian’s daily routine was focused on cultivating his sword art and reading various books, with research projects occasionally. Although Miracle Commerce’s research and development team was very strong, Chu Tian exceeded ten thousand researchers. When the Yun Sect reached a dead end, Chu Tian would casually take care of it.
The young miss was a workaholic, rushing all around.
Chu Tian came to Yingying’s office and saw Yingying sitting at the desk, currently writing something. There were several gnomes helping her, organizing all kinds of materials.
“Chu Tian, you came right in time. Do you know? The people who opened banks at Miracle Banking increased several times!” Meng Yingying happily reported, “We’ll have enough funds soon.”
“You’re treating this problem too simply, Miracle Banking can’t easily make mistakes, we have to think about the risks of lacking money to give. Once this happens once, people’s confidence in Miracle Banking will greatly drop. According to the young miss’ discrete personality, she wouldn’t dare move too many funds into loans and investments.”
Meng Yingying didn’t think about this and she slightly knit her brows. What should they do?
Chu Tian suddenly gave a sigh, “Having too big of a business also has its flaws.”
Meng Yingying was stunned because she didn’t know Chu Tian was like this, “What flaws?”
“Even our Yingying talks about business whenever she speaks, this isn’t like your personality at all.”
Meng Yingying was a bit embarrassed, “I just want to help everyone a little. My brain is a bit dumb and can’t do much, luckily elder sister gave me a few Smart Brains…..Otherwise, I couldn’t do anything.”
Chu Tian held Yingying’s shoulder, “Hai, then don’t make it hard for yourself. Give it to your Smart Brain to do if there is work, why do you need to do these things personally?”
Meng Yingying was a bit shy, “There are people around, don’t try anything.”
“Ha, ha, what are you afraid of? Who doesn’t know our relationship!” Chu Tian’s face was as thick as a wall. The gnomes felt a bit awkward and pretended not to see anything. Chu Tian then said, “Come, I’ll take you somewhere fun!”
“Somewhere fun? Where!”
“The elven small town is holding a gourmet meet and Vivian invited me.”
Gourmet meet?
Meng Yingying immediately revealed an interested appearance.
Chu Tian continued to explain, “Several dozen elves from cities and the forest will gather in Moonshine Town around this evening, every elf that is participating will be bringing the delicacy they consider the most delicious. Think about it, these elves are all from different areas of the Forest of Chaos, how many different delicacies will there be? This kind of fun feast, how can we miss it?”
Meng Yingying’s eyes were sparkling, “There’s actually this kind of interesting event!”
“Properly speaking, other than the gourmet meet, there will also be a fashion show, art show, and music symposium tonight. These are all once in a hundred year rare events.” Chu Tian could see that Yingying was already very moved, so he didn’t waste any more words. He directly said to Yingying’s helpers, “These matters will be left to you all, I’ll be leaving with director Yingying for a day or two.”
“Yes!”
Meng Yingying was still a bit hesitant, “Everyone is very busy, would doing this…..”
“What are you worried about? Not to mention nothing happening, I’ll take care of it if something does happen!” Chu Tian’s manner was very rash, “The Elven King and the Elven Council members will be participating, so this isn’t just going to play, rather we are building up friendship. This major task of consolidating our relationship with our elven allies, I order you to go as the City Lord!”
“Is that so? It’s actually that important!” Meng Yingying no longer hesitated and she was high spirited as she said, “We can’t be too casual about this, we have to prepare Miracle City’s best delicacies. Miracle City’s best delicacies won’t lose to the elves. That’s right, what should we wear?”
The two of them talked while they walked out.
The elven gourmet meet was indeed quite rare.
Chu Tian planned on going empty handed to eat, but Meng Yingying firmly rejected this. She felt that this was too disrespectful and they had to prepare some human styled delicacies. They found the Miracle Grand Hotel’s Source Energy Chef who had a freshly hunted level three high grade Demon Bull meat.
The two prepared several large beef steaks.
Meng Yingying’s beautiful face was filled with reminiscence, “Remember when we were in South Sky City, the first thing we cooked were steaks? Therefore, this is our best food.”
“That’s right, there was a young miss who was very excited and thought of starting a steak selling business! Thinking about it now, if we did continue doing that, perhaps there would be steak restaurants opened in every region.”
Meng Yingying glared at him, “Don’t bring up my dark past or there will be no end between us!”
They prepared the steaks before heading to Moonshine Town.
The Elven King didn’t know how to convince the Elven Council. Although the elves built Moonshine Town beside Miracle City, the elven town was still relatively closed off. Outsiders didn’t have a way to go in, so they didn’t know how the elves lived their lives.
There were over ten thousand elves in the town and most of them were young elves. The elves were quite rich, therefore, the rarely seen new cell phones in Miracle City, there were quite a few in this elven town.
When Chu Tian brought Meng Yingying to the small town, they were shocked by what the town looked like.
The entire elven small town was filled with Miracle Commerce’s products. Large screens, speakers, and various of Source Energy Lamps were everywhere. Each street was covered in gentle light and the tree houses were neatly place, with all kinds of crystal and wooden sculptures all around.
Thousands of elves moved through the small town and each person had boxes filled with delicacies. All kinds of jams, pastries, and elven delicacies were everywhere.
The elves gathered under the moonlight to sing.
The entire small town was very lively.
“The City Lord is here!”
“City Lord Chu Tian is here!”
Chu Tian was recognized as soon as he appeared. Several hundred elves surrounded Chu Tian and each elf had a happy expression on their face, as well as revealing shining eyes like they were looking at their idol.
“I came from Silver Moon Forest. I’ve heard your story, I admire you very much!” An elven girl pushed her way to the front, “My parents and little brother all want to see you very much…..Can you give me a signature?”
“No problem!” Chu Tian took a pen with a faint smile, “How many do you want?”
“One…..Two, oh, no, three!”
“Alright, here you go!”
The elven girl took the signature and happily shouted, “I got City Lord Chu Tian’s signature, I got City Lord Chu Tian’s signature!”
The other elves all blew up instantly.
“I come from the Twilight Forest, I also worship you.”
“I come from Emerald City. I like watching movies and dream to make movies.”
“There’s also me, there’s also me…..”
Chu Tian never thought that he would be famous among the elves and that he would be surrounded by wild worshippers when he arrived. These elves came from different forest cities and towns, so it wasn’t easy for them to come to Miracle City.
This was because the Transport Towers could harm the security of the city.
The outside Transport Towers all had restrictions. The Transport Towers were managed by the Smart Brains and each one needed an elf with a transport ability to use. One needed to apply for a «Transport Permit» from Miracle Commerce first. This «Transport Permit» gathered one’s information before creating something similar to a citizen card that was attached with a spiritual imprint. The elf could then use this permit to apply for a transport.
Miracle City controlled the transport region for now. Even if the elves obtained the Transport Permit, they could only transport within their tribe or their kingdom, meaning they can only transport in their territory. If they wanted to teleport to Miracle City, Oldman Small Town, or somewhere else, they needed to clearly state the area and their reason, applying for an other region Transport Permit. When they entered another country, it had to be approved by the local power.
Otherwise, with Smart Brain’s control, the array for these locations would be sealed and they couldn’t teleport there.
This meet was very rare.
The elves picked representatives from their cities who could only enter after receiving Meng Qingwu’s permission. But they could only play in Miracle City at most for a week, so they had to treasure this chance.
Chu Tian in their eyes was a genius who created everything, he was an idol that could do everything.
How could they not be excited seeing him now?
