NFT under proof: performance analysis of NFT Minting using Hyperledger Caliper

Abstract

Cloud computing has become the dominant choice for hosting various systems and services, with substantial public cloud service spending growth. This trend has extended to blockchain technology, which offers decentralized solutions for diverse applications. Concurrently, there is an increasing focus on business models incorporating Environmental, Social and Governance (ESG) aspects. One such initiative is Carbono21, a platform generating tokens in response to reforestation actions and the carbon credit market. In this context, this article examines the performance aspects of generating Non-Fungible Tokens (NFTs) in a blockchain environment under stress conditions. The Hyperledger Caliper was the benchmark tool used in experiments conducted to analyze the blockchain’s resilience and stability. Linear regression models showed a strong positive correlation between memory usage and total transactions. These results highlight the need for precise resource sizing and robust monitoring mechanisms to prevent service degradation under high transaction loads.