P2P

File sharing is the ability to transmit files digitally from one computer to the next using the internet. Files that can be shared are music, document,movies and photos. P2P also known as peer to peers is directly dealing with a person online without a middle man. For example the article entitled "Peers Find Less Pressure Borrowing From Each Other" P2P allows borrowers and Lenders to work together without the bank system. In that article, the individual applied for a loan online and within a few days the funds was send to him from the lender.