Peer to Peer (P2P) e-commerce part 1

Rather than relying on a public server, users may exchange, search for, and download data and computing power over a peer-to-peer (P2P) network. One of the most essential uses of the P2P function is its ability to facilitate the creation of data that can be shared with many parties.

Electronic commerce may be defined as a system that facilitates the exchange of goods and services between companies and their customers. However, the fast-expanding P2P e-commerce business is one of the most inventive advancements in today’s e-commerce. Airbnb, Uber, eBay, and a slew of other peer-to-peer (P2P) programs have sprung up in recent years.

Customers may purchase and sell items and services to one other in a P2P (peer-to-peer) company. In the C2C e-commerce paradigm, P2P e-commerce is a kind of C2C e-commerce. P2P e-commerce is a kind of e-commerce technology. As a result, participant involvement is reduced. With peer-to-peer (P2P) e-commerce, business partners may connect and trade with each other while being anonymous. Commercial transaction methods are available in P2P e-commerce systems to make trading easier. The characteristics of P2P e-commerce, such as distribution, decentralization, personalization, and symmetric communication, are all present in P2P e-commerce apps.

Peer-to-peer computing led to the development of P2P e-commerce. Peer-to-peer (P2P) systems like this one are based on a network of linked peers. Here’s a high-level look at the P2P theoretical framework.

References:

Sylvanus A. Ehikioya. (2018). A Formal Model of Peer-to-Peer Digital Product Marketplace. Volume 6, Issue 3, Pages 143 – 154

Setiawan, M. Agus. (2019). Keberhasilan eBay dalam Situs Pelanggan di Kalangan Internasional. Bandar Lampung: Universitas Mitra Indonesia