Probably the most common response I receive when I tell people about my summer research is something to the nature of “What is Bitcoin? I’ve heard of it, but I don’t understand it.” Probably the best way to describe Bitcoin is that it is a decentralized, digital currency. This simply means that there is no central authority (such as a central bank) controlling its worth (or lack thereof) like a normal fiat currency; and that, unlike Gold or Silver, a bitcoin is merely a line of code in a virtual ledger. In other words, its value is derived purely from the expectations of investors it is valuable because it is accepted.
The Villanova Venture Community (VVC) held a demo night on August 2, 2016 in New York City. VVC is a private community for Villanova students, alumni and employees interested in all aspects entrepreneurship. The group welcomes members from any Villanova University school, sector or industry function. VVC seeks to foster entrepreneurship by facilitating communication, providing access to resources and creating community.
The following ventures were presented at demo night: