Peer-to-peer (P2P) transactions have revolutionized how people transact. The inception of blockchain technology marked a significant milestone in facilitating trustless and secure P2P transactions. One of the latest advancements in this realm is PSD3 or Payment Services Directive 3, a notable development promising to enhance the P2P transaction landscape. Introducing The PSD3 Framework PSD3 marks […]
Peer-to-peer systems have been hailed for their role in increased productivity and efficiency within workplaces. They enable sharing of information speedily and without the bureaucracy of a central command. However, the systems have been criticized for their role in the demise of organizational culture. They kill the interaction between employees and employers and between employees […]
There has been significant growth of peer-to-peer or P2P systems as they are also known, over the Internet. They are different from traditional server systems, enabling the sharing of sharing of different resources and services with client computers and without the need for central servers or authorities. All entities in a P2P environment act as […]
While there are many different groups of people who can use P2P systems, one of those that can truly benefit from it is the business sector. Within this are many different industries. Businesses communicate with each other in different ways. For example, if a company wants to share information with another party it can […]
Though there are many different file sharing networks that make up the P2P industry, BitTorrent is one that is commonly known. It provides the ability to transfer large digital files. BitTorrent has been around for a long time and as a result has gained credibility. It has many large clients who make good use […]
The term ‘leech’ is often used in a negative context in language. In the case of P2P file sharing, the word is still used in a negative and derogatory way. Peers that download more than they upload are called ‘leechers’. They are not looked upon favorably in the P2P community. Leechers are seen as […]
P2P systems allow the transferring of files. This means uploading and downloading them. The term ‘seeding’ refers to the process of uploading content to the network. This content can be downloaded by others in the network to use. Any computer or user that is connected to the P2P system network is called a ‘peer’. […]
There are many different components to P2P systems, but their main use is for the sharing of files. With this comes some advantages as well as disadvantages. The Advantages The primary benefit of a P2P system is saving money. Many people have access to P2P systems that are free. So, the first saving comes […]
P2P systems are nothing new. In fact, it was the education sector where they were first used and recognized in a basic form. If one looks at the real intent of the internet it was about being a peer-to-peer system. Proof of this was the way that two entities became computing peers that were equal. […]
Though there are a lot of recognizable benefits in using P2P systems, the question arises as to how valuable they really are to businesses in their day-to-day running. File sharing is critically important within many industries. For the most part, a traditional sever is relied upon for these tasks. The aspects that hold peer-to-peer […]