Chapter 737 - Science and Technology Bank (for the alliance leader Panda Six Watches)

In order to let Iraq quickly catch up with the Internet era, Cai Ruichen also worked hard.

When the information network covers the entire territory of Iraq, the future technology group will launch a real world's cheapest smartphone.

Cai Ruichen did not intend to make money from the Iraqis at all, and the cheapest mobile phones in the production base were sold to the Iraqis at cost prices.

The mobile phones of the future sold in Iraq also have all the functions of a smartphone, as well as the ability to project projects.

The plan is priced at $5, which is $6 or $1 cheaper than the global price in India.

However, the mobile phone is severely limited in signal, and can only be connected to the future information network in Iraq, and abroad, it does not even have the function of casualties.

And without the support of the service provider, all the functions are almost impossible to use, even the function of connecting to WIFI.

Anyone who wants to buy this mobile phone can only use this mobile phone in Iraq, using the highest level of encryption, and it will be absolutely unusable in any country that is unexpected in Iraq, and he is not afraid of anyone to crack it.

However, such a mobile phone is not the cheapest, and such a cheap price is enough for every Iraqi to have one.

Cai Ruichen's move is also painstaking, of course, you still need to pay for what you spend, otherwise you can't use it at all.

At present, all mobile phone operators in Iraq have been acquired by Cai Ruichen, and the previous number only needs to be upgraded to continue to be used.

And in the future. Cai Ruichen even plans to implement free Wi-Fi connections in Iraq and throughout the Middle East, using high-altitude solar-powered drones. The network model that releases a strong signal allows mobile phone users on the ground to receive the WIFI signal, so that they can connect to this signal for free, and then they can access the Internet for free.

For the time being, however, there is no problem in doing so in Iraq if conditions permit. However, other countries in the Middle East, judging from the current situation, it is impossible for future technology groups to do anything with free WIFI full coverage in their own countries.

After all, this involves the information security of every citizen who goes online in China. After all, if you connect to WIFI, all network signals will be intercepted, which is very likely to put the entire information security into a very dangerous situation.

Engage in free WIFI around the world. In fact, it can only be done with those friendly countries.

Otherwise. This is very likely to become the most powerful means of information warfare behind enemy lines, after all, every person connected to WIFI, the operator can send all kinds of information to the connected person at any time, and the information media dissemination is a key control of the country, involving this aspect, it is difficult for the general country to indulge.

And Cai Ruichen is engaged in a global free WIFI plan. There is also a purpose for this to some extent, but it exists like this. That's not the point yet.

The construction of the Iraqi national network is also aimed at providing service support for the future operations of the Red Guard Corps, and in the era of informationization, both in terms of material allocation and management mode, it has entered the level of informationization.

What the Red Guard Corps needs in the future is an efficient logistics base, and at the same time, a strong Iraq is also needed by the Red Guard Corps.

Otherwise, why would Cai Ruichen bother to do these things.

The Iraqi government has not received any economic help from the United States in the midst of infrastructure construction.

At the same time, it also cut off the way for the United States to open its mouth to ask for money, and as the pace of construction continues, construction is being carried out everywhere in the country, and a large amount of money is being consumed rapidly.

Under such circumstances, the Iraqi government also began to run out of money, and at this time the Future Technology Bank was officially established.

The first business was to provide a huge loan to the Iraqi government to help the Iraqi government meet its infrastructure needs.

This money is naturally all taken out by Future Technology Group, and now a large number of products of Future Technology Group around the world are selling well.

The world is frantically scrambling for future mobile phones, future computers and future personal terminals, which has brought huge profits to Future Technology Group.

This profit is no less than the profit brought by the machine steward, so the future technology group is rich again.

And this money is just used to build the infrastructure of the whole of Iraq.

In reality, however, nearly $300 billion in stolen money has been received in the anti-corruption campaign, which is more than enough to cover most of the current costs of infrastructure construction in Iraq.

There is no need to actually borrow money, but a large part of this money is all paid off by the previous debt owed by the Iraqi government to Future Technology Group.

The money repaid eventually flowed into the Future Technology Bank, and the Future Technology Group allocated part of the finance, and the Technology Bank has a huge amount of liquidity.

At the same time, in order not to give the United States much opportunity, all the circulating funds are all Iraq's original dinars, and the financial relief, coupled with a large amount of funds from the Future Technology Group, has slowly increased the value of Iraq's dinars.

The current ratio of the Iraqi dinar to the US dollar has been raised to 1,000 to 1,000, which is much higher than the original 1,400 to 1.

However, this banknote, which has been in circulation since Assam, is also on the verge of being cancelled.

Technobank has already started printing new Iraqi dinars, and the new banknotes will replace the current dinars.

With the help of a large amount of capital flow in the infrastructure, the new dinar officially began to appear in Iraq.

The Iraqi government claims that it is a banknote printed by the Central Bank of Iraq, but in fact, it is the Bank of Science and Technology that prints it.

The new version of the dinar is somewhat similar to the wasteland Iraqi dinar, but there are many differences, the new version of the banknote printed in the base also uses very advanced anti-counterfeiting technology, in Cai Ruichen's view, there is no need to worry about someone can imitate it.

At the time of the implementation of the new version of the dinar, all the banks in Iraq were also recovering a large number of dinars, in order to flatten the original currency depreciation caused by a large number of printed paper money, with purchasing power for exchange, cancel those large denomination currency, the new version of the highest face value of the Iraqi dinar, that is, 10,000 only.

All the old dinars that are recycled will be destroyed, and the waste paper that circulates in the market will be greatly reduced.

The exchange of old and new banknotes is determined by purchasing power, not by face value.

This is another step for Cai Ruichen to take control of Iraq, control the Iraqi economy, and at the same time give the Red Guard Corps the ability to conduct economic warfare. However, this is still only a prototype, and when it is developed, it may be able to compete with other countries economically. (To be continued.) )