The Sacred Land Is Going Bankrupt, I Invented a Mobile Phone!

“The Acacia Sect can simply open a Taobao store for this kind of situation.

“There’s no need to create a dedicated app.

“A Taobao store can list not only physical products but also services as goods!

“Is there anything else?”

Ye Chen looked once again at the elders.

The elders were somewhat disappointed when they heard that no app would be made for the Acacia Sect.

They all shook their heads.

“If there’s nothing else, then I have an announcement to make.

“The loan feature for Immortal Net Cloud Flash Pay has been completed and will be available soon!”

Upon hearing this, the elders were all pleasantly surprised.

The spirit stones earned from the lottery had already exceeded expectations, making Immortal Net Cloud Flash Pay the most profitable app for Heavenly Origin Sacred Land.

Now, with the loan feature being launched, according to what the Saint Master had mentioned before, the loan feature would also be a powerful tool for making money.

And like the lottery, it would be a way to earn huge profits with minimal effort.

Now that it was finally going live, everyone was eager with anticipation.

However, the Foreign Affairs Elder appeared hesitant.

As a powerful Nascent Soul cultivator, he was perceptive of everything.

Ye Chen naturally noticed the Foreign Affairs Elder’s expression and asked, “What are your thoughts, Foreign Affairs Elder?”

The Foreign Affairs Elder hesitated but then spoke, “The loan feature, could it be too risky?

“After all, the cultivation world is not a stable place.

“Even disciples of the Sacred Land face the possibility of dying unexpectedly while traveling outside.

“The chances of death for ordinary cultivators outside are even greater.

“If we lend out spirit stones and the borrower dies, what should we do?

“Although our Sacred Land is powerful, we don’t have the ability to make the dead repay their debts.

“The lost spirit stones would have to be covered by us.

“And even if the cultivator doesn’t die but secretly escapes without repaying, what then?

“The cultivation world is vast and boundless. If someone hides deeply, it would be difficult for our Sacred Land to find them.

“Even if we could find them, the cost of capturing them would be too high.

“Overall, I think making loans could be more trouble than it’s worth.

“Now that Immortal Net Cloud Flash Pay is already making enough spirit stones through the lottery, there’s no need to take such risks with loans.”

The Foreign Affairs Elder’s words garnered nods of agreement from many elders present.

Indeed, lending spirit stones to others in the cultivation world was extremely risky.

If the spirit stones couldn’t be recovered, the loss would be enormous.

The interest earned might not even cover the principal lost.

In that case, it would be better not to do it at all.

After all, the lottery was already highly profitable.

Listening to the Foreign Affairs Elder, Ye Chen smiled.

“First, about the issue of not repaying the borrowed spirit stones.

“I have a secret method that allows me to easily locate anyone, even if they are hiding at the ends of the earth, I can get their address.

“At that point, I would simply send disciples to capture them.

“If they have spirit stones, they must repay them along with a late fee.

“If they don’t have spirit stones, they will be sent to our spirit stone mines to dig. The mining process will also accumulate interest until our losses are fully recovered!”

The Foreign Affairs Elder frowned and shook his head, “Saint Master, your divination method is indeed powerful, capable of seeing through the inheritances of Heavenly Chance Pavilion.

“But the problem is, it’s impossible to have you constantly performing divinations.

“If too many people default on their loans, Saint Master, you can’t spend all your time divining, can you?

“It’s not worth delaying your cultivation, Saint Master, a peerless talent, just for some spirit stones.”

Ye Chen smiled again.

He didn’t actually have any divination method.

He was relying on the positioning feature of the Heavenly Origin Little Spirit Communicator.

It wasn’t difficult for Ye Chen at all.

But since only Ye Chen knew about the positioning function, he couldn’t explain it openly.

So he confidently said, “My divination method allows me to locate multiple people at once!

“And it’s extremely simple. I can easily track their locations every day without taking up much time.

“When someone defaults on their loans, I will send their locations directly to the Internal Affairs Hall!”

Hearing Ye Chen say this, the elders were all astonished.

For others, performing divination on just one person was extremely difficult.

It required various preparations.

Taking one or two days was considered short.

But the Saint Master’s divination method could not only see through the inheritances of Heavenly Chinace Pavilion, but could also locate multiple people in a short time.

It was truly powerful.

The cultivation world of Great Yan Province had never heard of such a divination technique.

Their Saint Master was definitely a reincarnated immortal, possibly with awakened memories of a previous life.

The miraculous incarnation techniques and this divination method must be celestial arts.

Seeing that the elders had no further questions, Ye Chen continued.

“As for the issue of borrowers dying and leaving loans unpaid, I have already considered it.

“This is a risk that cannot be avoided.

“For loans, a certain amount of bad debt is within acceptable limits.

“As long as the bad debt doesn’t become excessive, it won’t affect overall profits.

“To minimize bad debt, proper risk control is necessary.

“Our loan feature won’t give every cultivator a credit limit, and each cultivator’s loan limit will vary.

“Loan eligibility and limits will be determined based on various factors of the cultivator.

“For example, cultivation level: higher-level cultivators have greater strength, better risk resistance, and higher earning potential.

“So the higher the cultivation level, the higher the loan limit.

“The lower the cultivation level, the lower the limit.

“Loan limits will also be affected by the cultivator’s status.

“For example, if two people are both at the Nascent Soul Realm, but one is an elder of the Sacred Land, and the other is an elder of a second-rate force, the Sacred Land elder would naturally have a stronger repayment ability and therefore a higher loan limit.

“Contacts will also influence loan limits.

“For example, if all your contacts are Nascent Soul powerhouses, even if you are only at the Qi Refining Realm, it shows that you have an unusual status.

“You might get a higher limit than an ordinary Golden Core Realm cultivator because if you can’t repay, you could ask your Nascent Soul elders to help.

“Spending is another key factor in determining loan limits.

“If you spend a lot of spirit stones on Immortal Net Taobao, it shows that you have a good earning capacity.

“Naturally, your loan limit would be higher.”

The elders listened intently.

Ye Chen paused for a moment before continuing.

“As for loan eligibility, it’s related to the behavior habits of the cultivator.”

“For example, disciples who stay within their sect most of the time have a lower risk of death, so it’s safer to grant them loan eligibility.

“However, those who constantly wander in the Demon Beast Mountains or frequently move around, changing locations every three to five months, are unstable and have a higher risk of death. They would find it difficult to qualify for a loan.

“Rogue cultivators have a higher risk of death compared to disciples of major forces.

“So, at the same cultivation level, a rogue cultivator might not qualify for a loan!

“And if they do, their limit would be much lower than a disciple backed by a sect.

“In short, I have developed a risk assessment system for the loan feature, which will deny or limit loans to high-risk cultivators.

“This way, we can minimize bad debt.”

This risk assessment system is the greatest achievement Ye Chen developed during this time.

It could minimize the risk of bad debt.

Of course, it’s impossible to completely avoid bad debt.

Even in the previous life on Earth, banks still had bad debts.

No matter how well-prepared you are, there would always be unexpected situations.

This was something no one could avoid.

—

The elders were all stunned by what they heard.

This was incredibly complex.

It took into account every aspect.

Status, cultivation level, contacts, spending habits, behavior patterns!

So many factors come together to determine each cultivator’s loan eligibility and limit.

It’s truly astounding.

But it made perfect sense.

By assessing the behavior patterns of cultivators, it decided whether they were eligible for loans, reducing the losses caused by their deaths.

And by evaluating their other status information, it determined the loan limit.

This prevented giving excessively high limits to cultivators who couldn’t repay, which would lead to situations where the borrowed money couldn’t be repaid.

As for how to determine a cultivator’s previous behavior patterns, the Saint Master must have a way.

There’s no need for them to worry about it.

And indeed, this was the case.

In the backend of the Heavenly Origin Immortal Scroll, the behavior tracks of all Heavenly Origin Little Spirit Communicator users over the past year were stored.

Based on the locations they visited, it’s easy to confirm their behavior patterns and whereabouts, allowing an assessment of their risk of demise.

—

“Saint Master is wise!”

“Saint Master’s actions are indeed thoughtful and thorough, putting us all to shame.”

“With this risk control system, the income of Immortal Net Cloud Flash Pay will soar again.”

At this moment, the elders were full of praise.

The loan feature, which originally seemed very risky, now had its risks minimized by their Saint Master.

Once launched, it would undoubtedly become another powerful money-making tool.

Meanwhile, Nangong Wan listened to the elders praise Ye Chen.

A smile appeared in her eyes, curving into crescents.

She loved hearing others praise Ye Chen.

It made her happier than being praised herself!

But when Ye Chen’s gaze turned to her, she immediately restrained her smile and pretended to be indifferent.

“Do the elders have any other questions?” Ye Chen asked, looking around at everyone.

The elders all shook their heads.

The Saint Master had considered everything so thoroughly that they had no further questions.

“Then the Internal Affairs Hall should prepare for the handover!

“It’s inevitable that some cultivators won’t repay or won’t have the money to repay.

“If the debt is overdue for less than three months,

“Double the penalty fees will be calculated, but they won’t be enforced.

“But if the debt is overdue for more than three months, I will send their addresses to the Internal Affairs Hall.

“The Internal Affairs Hall will assign it as a mission and send disciples to carry it out.

“Once they are found, they must either repay the spirit stones!

“Or they’ll be sent to our various mines to work off their debt.

“It’s clearly impossible to escape debt.”

This was the cultivation world, where there’s no such thing as human rights.

On Earth, as long as you endure the bombardment of phone calls, not repaying was not that dangerous.

But in the cultivation world, if you don’t repay, be prepared to become a miner.

Mining was not an easy task in any world.

The Internal Affairs Elder smiled and said, “Saint Master, rest assured!

“In the past two years, our Heavenly Origin Sacred Land has focused on Heavenly Origin Little Spirit Communicator, resulting in a significant reduction in missions for disciples.

“There were many tasks related to the Heavenly Origin Pavilion, but most disciples were unwilling to do them.

“Now with the debt collection missions, it’s a good opportunity for the disciples to go out and sharpen their skills.”

Debt collection while enhancing disciples’ combat skills.

A win-win!