P2P

File sharing simply means sharing computer data and information through some network. File sharing allows the people to use the same file to read or view it, write it or modify it, copy it or print it. P2P file sharing is the process of sharing files such books, notes, movies, games, etc. in a safe way so that third party will not be able to see or access to the files.It is basically in most of social applications such as Skype, Viber, WhatsApp, Napster, Dropbox, etc. P2P is such an architecture the shared filed will remain only between the sender and recipient. Facebook uses Pipe for the P2P connection where neither Facebook nor Pipe will be able to access on the contest of the file. If the recipient is offline then the file which was sent will be stored for 5 days before being removed from the system. 

As for its safe and secure ability, there are more use of P2P connections. Lending Club and Prosper are two loan companies who uses P2P connections and helping the communities providing lower interest rate loans. According to the reading, in 2012, Lending club facilitated about $800 millions in loan and about $2 billions in 2013. There are many criteria while filing for the loan in the bank. However, Lending Club have less criteria and the process is faster than banks. Lending Club investors put up their money to fund the loans and they are ranked according to the risk and rate of return also depends on the risk.

In conclusion, we all share files in a way with each other. However, we wanted it to be safe and secure. This is really helped by the P2P file sharing connection. Not only it helped in sharing files but also in helping the community. Due to this connections it helped the peers to find the easier way to borrow loans with lower interest rate and mostly, it is helping the small investors to make some profit out of their money.