P2P (Peer to Peer) Economy

The P2P (Peer-to-Peer) economy refers to a model where individuals directly exchange goods or services without traditional intermediaries like companies or banks. Using online platforms, people can rent, share, or sell assets such as homes, cars, or skills to others in their community or globally. For example, platforms like Airbnb or Uber connect hosts with guests or drivers with passengers. This approach often reduces costs, increases resource utilization, and fosters community-based transactions. Overall, P2P economy leverages technology to facilitate direct economic interactions between individuals, promoting efficiency and flexibility.