peer-to-peer services

Peer-to-peer (P2P) services connect individuals directly to each other without relying on a central authority or intermediary. Each participant, or "peer," both provides and consumes resources, such as sharing files, computing power, or services. Examples include file-sharing platforms like BitTorrent, cryptocurrency networks like Bitcoin, and ride-sharing apps where drivers and passengers interact directly. P2P systems enable more efficient resource use, reduce intermediary costs, and foster decentralized collaboration. They rely on trust among participants and often incorporate security measures to protect data and transactions.