โซธSmart Talkโซท (04): What is P2P?

๐˜‹๐˜ฐ ๐˜บ๐˜ฐ๐˜ถ ๐˜ฌ๐˜ฏ๐˜ฐ๐˜ธ ๐˜ต๐˜ฉ๐˜ข๐˜ต ๐˜ต๐˜ฉ๐˜ฆ ๐˜š๐˜ต๐˜ข๐˜ต๐˜ถ๐˜ฆ ๐˜ฐ๐˜ง ๐˜“๐˜ช๐˜ฃ๐˜ฆ๐˜ณ๐˜ต๐˜บ ๐˜ช๐˜ด ๐˜ข ๐˜ญ๐˜ช๐˜ท๐˜ช๐˜ฏ๐˜จ ๐˜ฆ๐˜น๐˜ข๐˜ฎ๐˜ฑ๐˜ญ๐˜ฆ ๐˜ฐ๐˜ง ๐˜ค๐˜ณ๐˜ฐ๐˜ธ๐˜ฅ๐˜ง๐˜ถ๐˜ฏ๐˜ฅ๐˜ช๐˜ฏ๐˜จ? ๐˜‹๐˜ฐ ๐˜บ๐˜ฐ๐˜ถ ๐˜ฌ๐˜ฏ๐˜ฐ๐˜ธ ๐˜ฉ๐˜ฐ๐˜ธ ๐˜ฑ๐˜ฆ๐˜ฐ๐˜ฑ๐˜ญ๐˜ฆ ๐˜ฆ๐˜ฏ๐˜จ๐˜ข๐˜จ๐˜ฆ ๐˜ช๐˜ฏ ๐˜—2๐˜— ๐˜ต๐˜ณ๐˜ข๐˜ฏ๐˜ด๐˜ข๐˜ค๐˜ต๐˜ช๐˜ฐ๐˜ฏ, ๐˜ข๐˜ฏ๐˜ฅ ๐˜ธ๐˜ฉ๐˜บ? ๐˜‘๐˜ฐ๐˜ช๐˜ฏ ๐˜ถ๐˜ด ๐˜ต๐˜ฉ๐˜ช๐˜ด ๐˜ธ๐˜ฆ๐˜ฆ๐˜ฌ ๐˜ฐ๐˜ฏ ๐˜ˆ๐˜ฆ๐˜ฏ๐˜ค๐˜ฐ ๐˜š๐˜ฎ๐˜ข๐˜ณ๐˜ต ๐˜›๐˜ข๐˜ญ๐˜ฌ: ๐˜ž๐˜ฉ๐˜ข๐˜ต ๐˜ช๐˜ด ๐˜—2๐˜—?

โ–บDefinition

As in full-term, p2p means peer-to-peer. A p2p strives to construct a network between equally privi-leged and equipotent participants, while peers share the resources directly to other network partici-pants, with the practice of decentralisation โ€” without the central coordination by any servers or stable hosts (Schollmeier, 2002). As in the opposite approach of the traditional client-server model, suppliers and consumers of resources could simultaneously present in p2p application. It is more beneficial to-ward all the peers inside the virtual community while the tasks are greater, faster, and more stable as it only serves point-to-point. It also lowers the risk of losing information or the possibility of being hacked.

โ–บBenefits

Developed as one of the sharpest and most popular fin-tech practice, p2p has certain benefits: it tends to be more effective in managing and exchanging information with the shortcut, and more cost-saving since investment on the mid-server devices has been omitted, thus fitting to small scale network. How-ever, due to the complexity of running a p2p platform, it requires a specific development server as well as the client-server to better receive and output the resources. It might resulted in lower safety level when companies opt for easier solution, or it might be harder to manage while practices into a large scale network as more peers are involved and might lack a stable and high-capacity controller server.

โ–บExamples

The well-known examples of p2p would be Skype, Dat, and Jami. Most of them started from file-sharing networks, such as multimedia, and developed into a digital or smart capital nowadays. As more and more fintech platforms are popping up, the phenomena draws our attention to know more about p2p and dig deeper for its pros and cons.

The well-known examples of p2p would be Skype, Dat, and Jami. Most of them started from file-sharing networks, such as multimedia, and developed into a digital or smart capital nowadays

โ–บMajor categorization in P2P

Crowdfunding

Crowdfunding is an internet-based practice that the funding to a project or venture from a large variety and possibly number of individuals. It is a form of crowdsourcing and alternative financing, while the former is a sourcing model in which individuals or organisations obtain goods and services, from a large and open group of participants and the later referring to โ€˜online marketplacesโ€™, such as reward-based crowdfunding, equity crowdfunding, revenue-based financing, online lenders, peer-to-peer con-sumer and business lending, and invoice trading third party payment platforms.

One of the most famous crowdfunding projects popped up in the summer of 1885 in New York City. To keep the Statue of Liberty into the city-centre, newspaper publisher Joseph Pulitzer launched a crowdfunding campaign to raise the funds necessary to pay for the construction of the statue.

One of the most famous crowdfunding projects popped up in the summer of 1885 in New York City. To keep the Statue of Liberty into the city-centre, newspaper publisher Joseph Pulitzer launched a crowdfunding campaign to raise the funds necessary to pay for the construction of the statue.

Lending

P2P lending is the practice of lending money to individuals or businesses through online services that match lenders with borrowers. P2P lending companies tend to offer cheaper interest rate to borrower and higher return to lenders when compared with traditional financial institutions since the cost of set-ting up a P2P lending platform is much cheaper than having a brick-and-mortar lending bank. Thus, the lenders can earn higher returns and the borrowers can also borrow money with lower interest rates. It is especially popular in China during recent years, while it achieved 1180.565 billion CNY in 2015 according to a newspaper article written by Tao in 2017.

โ–บReference

โ–บRรผdiger Schollmeier, A Definition of Peer-to-Peer Networking for the Classification of Peer-to-Peer Architectures and Applications, Proceedings of the First International Conference on Peer-to-Peer Computing, IEEE (2002).

โ–บBandara, H. M. N. D; A. P. Jayasumana (2012). โ€œCollaborative Applications over Peer-to-Peer Sys-tems โ€” Challenges and Solutionsโ€. Peer-to-Peer Networking and Applications. 6 (3): 257โ€“276.

โ–บGlorioso, Andrea; et al. (2010). โ€œThe Social Impact of P2P Systemsโ€. In Shen; et al. (eds.). Handbook of Peer-to-Peer Networking. Springer. p. 48.

โ–บGoran Calic, โ€œCrowdfundingโ€, The SAGE Encyclopedia of the Internet, 2018

โ–บSchenk, Eric; Guittard, Claude (2009). โ€œCrowdsourcing What can be Outsourced to the Crowd and Whyโ€. Retrieved October 1, 2018.

โ–บโ€œThe Rise of Future Financeโ€. Nesta.org.uk. Archived from the original on 2015โ€“02โ€“26. Retrieved 2015โ€“07โ€“24.

โ–บโ€œP2P Lending: What is an Expected Return? A Survey of Industry Voicesโ€. LendingMemo. September 27, 2013. Retrieved March 28, 2017.

โ–บTao, L. (2017). Just a few big Chinese P2P lenders seen surviving in sector tarnished by scandal. South China Morning Post. Retrieved from: https://www.scmp.com/business/companies/article/2082423/just-few-big-chinese-p2p-lenders-seen-surviving-sector-tarnished

โ–บFind out more about Aenco Smartcap:

๐Ÿ‘‰๐Ÿป Website : https://www.aensmart.com/๐Ÿ‘ˆ๐Ÿป

๐Ÿ‘‰๐Ÿป LinkedIn : https://www.linkedin.com/company/aenco-smartcap/๐Ÿ‘ˆ๐Ÿป

๐Ÿ‘‰๐Ÿป Facebook : https://www.facebook.com/Aenco-Smartcap๐Ÿ‘ˆ๐Ÿป

๐Ÿ‘‰๐Ÿป Medium : https://medium.com/@AencoSmartCap๐Ÿ‘ˆ๐Ÿป

๐Ÿ‘‰๐Ÿป Twitter : https://twitter.com/AencoSmartcap๐Ÿ‘ˆ๐Ÿป

๐Ÿ‘‰๐Ÿป Telegram : t.me/AencoSmartcap๐Ÿ‘ˆ๐Ÿป

โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€” โ€”

๐˜ž๐˜๐˜– ๐˜๐˜š ๐˜ˆ๐˜Œ๐˜•๐˜Š๐˜– ๐˜š๐˜”๐˜ˆ๐˜™๐˜›๐˜Š๐˜ˆ๐˜—:

๐˜ˆ๐˜ฆ๐˜ฏ๐˜ค๐˜ฐ ๐˜š๐˜ฎ๐˜ข๐˜ณ๐˜ต๐˜ค๐˜ข๐˜ฑ ๐˜ช๐˜ด ๐˜ข ๐˜ง๐˜ช๐˜ฏ๐˜ข๐˜ฏ๐˜ค๐˜ช๐˜ข๐˜ญ ๐˜ต๐˜ฆ๐˜ค๐˜ฉ๐˜ฏ๐˜ฐ๐˜ญ๐˜ฐ๐˜จ๐˜บ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฑ๐˜ข๐˜ฏ๐˜บ ๐˜ฆ๐˜น๐˜ฑ๐˜ฆ๐˜ณ๐˜ช๐˜ฆ๐˜ฏ๐˜ค๐˜ฆ๐˜ฅ ๐˜ช๐˜ฏ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ฅ๐˜ฆ๐˜ท๐˜ฆ๐˜ญ๐˜ฐ๐˜ฑ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต ๐˜ข๐˜ฏ๐˜ฅ ๐˜ฐ๐˜ฑ๐˜ฆ๐˜ณ๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด ๐˜ฐ๐˜ง ๐˜.๐˜›. ๐˜ข๐˜ฏ๐˜ฅ ๐˜ช๐˜ฏ๐˜ต๐˜ฆ๐˜ณ๐˜ฏ๐˜ฆ๐˜ต ๐˜ด๐˜ฐ๐˜ง๐˜ต๐˜ธ๐˜ข๐˜ณ๐˜ฆ ๐˜ข๐˜ฑ๐˜ฑ๐˜ญ๐˜ช๐˜ค๐˜ข๐˜ต๐˜ช๐˜ฐ๐˜ฏ๐˜ด. ๐˜๐˜ง ๐˜บ๐˜ฐ๐˜ถ ๐˜ธ๐˜ช๐˜ด๐˜ฉ ๐˜ต๐˜ฐ ๐˜ด๐˜ฉ๐˜ข๐˜ณ๐˜ฆ ๐˜ธ๐˜ช๐˜ต๐˜ฉ ๐˜ถ๐˜ด ๐˜บ๐˜ฐ๐˜ถ๐˜ณ ๐˜ญ๐˜ข๐˜ต๐˜ฆ๐˜ด๐˜ต ๐˜ช๐˜ฅ๐˜ฆ๐˜ข๐˜ด ๐˜ข๐˜ฏ๐˜ฅ/๐˜ฐ๐˜ณ ๐˜ค๐˜ฐ๐˜ฎ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต, ๐˜ฌ๐˜ช๐˜ฏ๐˜ฅ๐˜ญ๐˜บ ๐˜ฆ๐˜ฎ๐˜ข๐˜ช๐˜ญ ๐˜ถ๐˜ด ๐˜ข๐˜ต ๐˜ช๐˜ฏ๐˜ง๐˜ฐ@๐˜ข๐˜ฆ๐˜ฏ๐˜ด๐˜ฎ๐˜ข๐˜ณ๐˜ต.๐˜ค๐˜ฐ๐˜ฎ.

Aenco Smartcap. All rights reserved. 2020. Aenco Smartcap is a financial technology company experienced in the development and operations of I.T. and internet software applications. If you have any comment, kindly email us at info@aensmart.com.

--

--

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store