P2P

File sharing is the practice of sharing or allowing access of multimedia, books, programs, etc. from one computer to another over the Internet or a network. On the other hand, peer to peer file sharing refers to the sharing of files directly from one computer to another without the need of a central server. One example of P2P sharing is Lending Club. Lending Club is a website that allows users to apply for loans and recieve funding straight from the investors and without the branch network. Basically, with Lending Club investors put up funding for loans with their own return rate and are able to profit while consumers recieve lower interest rates. Peer to peer file sharing is a new type of technology that is beneficial because it is a direct process and eliminates the middle man.

Kaufman, Wendy. "Peers Find Less Pressure Borrowing From Each Other." NPR.org. NPR, 10 May 2013. Web. 23 Apr. 2015. <http://www.npr.org/blogs/alltechconsidered/2013/05/10/182651552/peers-find-less-pressure-borrowing-from-each-other>.