Mind Map Of P2P (Peer-To-Peer) Service

This is a Mind Map Of P2P (Peer-To-Peer). A peer-to-peer (P2P) service is a decentralized platform that allows two people to communicate directly with one another without the need for a third party to intervene. Instead, the buyer and seller use the P2P service to transact directly with one another. Search, screening, rating, payment processing, and escrow are some of the services that the P2P platform may offer. A peer-to-peer service is a platform that links parties to a transaction directly rather than through a third-party middleman.

Peer-to-peer services use technology to reduce transaction costs associated with trust, enforcement, and information asymmetry, which have previously been solved by utilizing trust third parties. Peer-to-peer platforms provide their customers with services such as payment processing, buyer and seller information, and quality assurance. In EdrawMind community, you can get more templates related to business or other topics in study, work and life.