The Opportunity of Applying Digital Currency in SEKEM community Egypt

Digital Current; Sustainable community; Egypt.

Authors

  • Aly Saad Mohamed Dawood Associate Professor of Business Administration Sadat Academy for Management Sciences Seconded to Heliopolis University for Sustainable Development Faculty of Business and Economics
  • Sherif Emad El-kabany Bachelor’s of Finance and Investment
August 14, 2021
August 16, 2021

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This paper examines the opportunity of applying digital currency in a sustainable community called SEKEM, where SEKEM is always encouraging innovative practices that focus on developing their community in a sustainable way.

A framework has been suggested by utilizing a readymade SEKEM MIZA system after redesign according to proposal framework targets, then making an initial survey to measure questionnaire reliability which exceeds 0.8.

A descriptive research methodology was utilized to identify the successful opportunity of applying such a framework in the SEKEM community by a questionnaire survey designed for such purpose on a random sample of 384 respondents.

It was found that applying digital currency in such communities will lead to explore opportunities to reduce the cost of living and education for community respondents and also add value to SEKEM as a special business pattern.