A Study on the Awareness and Perception of Digital Currency in Mumbai

Digital currency is any currency that’s available simply in electronic form. Electronic performances of currency formerly dominate most countries fiscal systems. What differentiates digital currency from the electronic currency that’s formerly in bank accounts is that digital currency noway takes physical form. You can go to an ATM right now and fluently transfigure the electronic record of your currency effects into physical bones. This study concentrated to measure the mindfulness, differences, intention to invest, factors impacting the investment in digital currency among the public in the named major metropolises in the state of Maharashtra, India. A structured questionnaire was used to collect data from 50 respondants, the data is anatomized with colorful statistical tools. Variables were linked through qualitative literature review to prepare the structured questionnaire. The study revealed that lack of knowledge and awareness impact the investment greatly.