...James Lee Caton Purpose The development of blockchain and cryptocurrency may alleviate the economic strain associated with recession. Economic recessions tend to be aggregate-demand driven, meaning that they are caused by fluctuations in the supply of or demand for money. Holding monetary policy...

... in commercial markets to research into private governance. This explanation for the role of blockchains for the liberal enterprise proceeds as follows. The paper continues with a description of the characteristics of blockchain technology, including what has made it suitable for developing cryptocurrencies...