Performance Benchmarking Frameworks for Distributed Ledger Technologies

Abstract

Performance, security, and privacy are important factors to consider when implementing Blockchain in real-world industrial and governance applications. Blockchain is a Distributed Ledger Technology (DLT) that ensures integrity, immutability, transparency and decentralisation. Various Distributed Ledger Technology platforms have emerged over time. These platforms differ in terms of architecture, access permissions, mathematical models, and consensus algorithms. A performance benchmark for DLTs will aid in analysing them based on performance metrics. This paper presents a comparative analysis of existing benchmarking frameworks for DLT performance evaluation. The paper concludes with future research challenges.