Depository Trust & Clearing Corporation (DTCC) the major equity clearing and settlement services provider, announced results of a blockchain benchmark study. Accenture found that digital ledger technologies (DLT) are capable of supporting volumes of more than 100 million trades per day. Digital Asset and R3 assisted in the trial.
The research showed peak rate performance of 115 million trades per day. Or 6,300 trades per second sustained for five hours. Each trade involves three digital ledger transactions. By comparison, public blockchain Bitcoin only supports single digit transactions per second (TPS). Ethereum can handle 15-25 TPS. And a recent IBM study demonstrated
Hyperledger Fabric throughput of 2,250 TPS.
Last week the Hyperledger consortium published a document as a step towards
standardizing TPS measurements.
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