Performance Improvement of the Consortium Blockchain for Financial Business Applications

This paper evaluates the transaction rate requirements of financial systems and compares them with current consortium blockchain performance, showing that modern blockchains are approaching legacy payment networks despite inherent performance trade-offs for tamper-resistance. By optimizing inter-container communication in Hyperledger Fabric, the transaction rate was increased by 86 percent, while further analysis indicates that wide-area deployments would require consensus algorithm changes to avoid new performance bottlenecks.
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