Digital Currency is any currency, money or money-like asset that is primarily managed, stored or exchanged on digital computer systems, especially over the internet. In recent years, the investment and technology worlds have become saturated with Crypto Currencies, Block Chain Apps and related ventures and projects. Indian Finance Minister, Nirmala Sitharaman announced in the Union Budget 2022 that Reserve Bank of India (RBI) will launch India’s own digital currency by the next year. It will be based on Blockchain Technology.