p2p file sharing

what is file sharing? file sharing is the distribution or the provision of computer data over the internet. there are several types of file sharing and one of them is peer to peer file sharing. peer to peer file sharing is a system of sharing files directly between network users, with the requirement of a central server. file sharing is legal unless it is a copyrighted material of program. copyrighted material include music and computer software programs that are meant to be paid for to have access to. examples are music and games. examples of peer to peer programs are BitTorrent and Napster.

a blog post on all tech considered also shared an innovative way investors use p2p file sharing, the lending club. this allow borrowers to borrow directly while eradicating the intermediaries. by doing this, the investors are able to make good profit while the borrowers get lower interest rate, as low as six percent.

sources: peer-to-peer file sharing: http://www.npr.org/blogs/alltechconsidered/2013/05/10/182651552/peers-find-less-pressure-borrowing-from-each-other