P2P

According to the article “P2P File Sharing  - Margomin”, “file sharing is a sharing and transmitting of computer data in a network or internet with various access levels” (P2P File Sharing  - Margomin).  It is used to get and send information from one computer to the other.  This makes it possible for people to work on documents regardless of where they are.

P2P file sharing stands for peer to peer and it is a form of file sharing where users can access files using specific software programs.  This makes it easy and affordable to share and release books, movies and music files to wide audiences and also encourage voluntary payment.

An example of a file sharing platform is Gnutella.  This platform connects to available networks and sends out a request for file that needs to be downloaded.  Another example of a file sharing platform is Lending Club.  Instead of sharing files, using this platform, investors put up money to fund business loans for individuals.  In her article, “Peers Find Less Pressure Borrowing From Each Other”, Wendy Kaufman suggests that in this system and platform, “Lenders make a nice profit, but consumers still get lower rates than they would with a conventional lender because peer-to-peer lending operates like a marketplace” (Kaufman).  This takes out the middle man by connecting investors directly with people searching for loans.