Peer-to-Peer (P2P) Service
Categories: Tech
You are cleaning out your grandfather's attic and find a bunch of leisure suits he used to wear in the 1970s. You're going to sell them for some cash, so you take them to your local thrift store. After some negotiation, you unload the lot of them for 40 bucks.
Meanwhile, your neighbor is looking for some leisure suits...he's looking to host a disco night/key party. He goes down to the thrift store and buys your leisure suits for 80 bucks.
If you had sold directly to your neighbor, you would’ve made an extra $40. That’s the point of peer-to-peer service. One individual or company working directly with another without an intermediary.