P2P

File sharing is the distribution of information in form of digital media among others. Forms of digital media varies from computer programs, multimedia, books. One type of file sharing is peer-to-peer (P2P). This process is called P2P because media gets shared among the users of the software that is used to transferring files. Users of the software can search for a specific media they are interested in and software will search for the media in other users network and start the transfer. It comes with some drawback because files can be mislabeled or often carry virus. The main benefit of this P2P sharing is that its completely free of charge. Some popular examples of P2P file sharing consists of movies, music, books, application for others devices. Best P2P softwares that have the most users are uTorrent, BitTorrent, Souseek. One of the amazing idea that came from P2P sharing is the P2P lending platform. Its a great way to connect borrowers and lenders. Main goal for a financial institutions is to connect borrowers and lenders but to do so they charge a fee, this is why P2P lending platform is a great for both parties by cutting the financial institutions.

-https://www.npr.org/sections/alltechconsidered/2013/05/10/182651552/peers-find-less-pressure-borrowing-from-each-other

-http://www.nytimes.com/2009/04/13/technology/internet/13iht-piracy13.html