Blog: P2P

File sharing is the transmits of the file to one or more people. It means that a person wants to share what he has across the internet and across by hand. It can be a document, a paper, music file or a written essay file. File sharing is what you have and share it with someone else.

P2P stands for peer to peer. It meant for giving something that a person has to another person. P2P file can be physically transfers of file or electrically. It happens when one person to share a file with someone else. The person can either physically handout the copy of the file, or he can also transmit the file through social media, email, downloads or websites. There are unlimited amounts of ways to share a file with today's technology.

One of the examples of P2P is lending a loan. According to the article "Peers find less pressure borrowing from each other" by Wendy Kaufman, it stated that in more recent days, it is harder to get a loan from the bank even if you have a good credit history. However, there is a new type of loan in the modern days. Where third party agent will get investors to provide loan to those who needed. This is an example of P2P, the loan is not provided by an agency or bank, but it is through another peer or person. It will have less restriction and limitation. It will have less interest rate for the loan. 

Citation 

Kaufman, Wendy. “Peers Find Less Pressure Borrowing From Each Other.” NPR, NPR, 10 May 2013, www.npr.org/sections/alltechconsidered/2013/05/10/182651552/peers-find-less-pressure-borrowing-from-each-other.