P2P transactions

P2P (peer-to-peer) transactions involve directly transferring assets, like money or digital tokens, between individuals without intermediaries such as banks. Using platforms or networks, participants can send or receive funds securely and efficiently, often instantly. P2P systems leverage blockchain technology or similar distributed ledgers to ensure transparency and security. This method reduces costs and processing times, making it a popular choice for personal payments, cryptocurrency exchanges, and crowdfunding. Overall, P2P transactions empower individuals to handle transfers directly, fostering a decentralized financial environment.