An Assessment Framework for Distributed Ledger Technology in Financial Application

Abstract

Distributed Ledger Technology (DLT) currently stands in the limelight. In many people's eyes, DLT has great potential to accelerate the digitalization process and substantially change the roles and services of central banks. On the other hands, as many new applications for DLT spring up, there isn't an assessment framework to evaluate DLT applied in the financial industry, leaving those systems to be easily under attack. This paper presents an initial DLT assessment framework for financial application. Through a suite of benchmarks, we show the evaluation results and explore the factors which affect the performance and security of DLT application.