Tuesday, November 19, 2013

P2P

     With the development of technology, people start sharing music, video clips and  movies among themselves, which is now called a file sharing. There are many ways of sharing files, one of them is peer to peer sharing, also called P2P file sharing, its when people share music or movies that they have to others, and others can download it on their computer. One example of P2P file sharing is. One example of P2P sharing is that people can lend money to each other in the Lending Club or its smaller company Prosper for very little interest, one makes profit from it, another benefits in not paying a high interest. In the article "Peers Find Less Pressure Borrowing From Each Other" by Wendy Kaufman says that Google wants to team up with the greatest P2P lender and invest 125 million dollars because it sees big opportunities while co working with this lender.Based on statement by Renaud Laplanche, the CEO of Lending Club "Last year we facilitated about $800 million in loans and we are planning on $2 billion this year" Google will benefit from grouping up with this lender.

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