P2P Procurement
Peer-to-peer (P2P) procurement is an automated process that firms use to acquire goods and services. It emulates the traditional commerce chain from purchase order to payment settlement, combining technology and process BOPT (buy, order, pay, track). Recent market studies reveal that companies implementing P2P procurement can cut their operational costs by around 50%. Furthermore, a...
P2P Services
P2P services, standing for peer-to-peer, denote a decentralized form of interaction taking place directly between parties without intermediaries. This model is a powerful catalyst in the technology industry, profoundly revolutionizing operations, information sharing, commerce, and more recently, the financial sector. For instance, the rise of P2P lending marketplaces is a testament to this shift, with...
P2P Software
P2P software, also known as Peer-to-Peer software, is a popular application used extensively in the digital world. It's a decentralized form of network where all connected computers share and receive files directly, eliminating the need for a central server. The conception of P2P software dates back to the early 2000s, with the advent of infamous...
P2P Streaming
Peer-to-peer (P2P) streaming is an important distribution method for television , video systems and other data-based content across the globe. As a key home entertainment factor, P2P streaming contributes significantly to the media delivery and Internet traffic worldwide. For instance, according to reports, video represented 80% of all internet traffic in 2020, and within that,...
P2P Systems
P2P systems, in the simplest terms, are decentralized networks that allocate resources among peers, erasing the need for a central server or authority. These networks are championed for their ability to harness distributed computing power that lends to robust functionality. Recently, the rise of Blockchain technology has highlighted the effectiveness of Peer-to-Peer (P2P) systems. For...
P2P Technology
P2P technology, or Peer-to-Peer technology, is a distributed application structure that allows individual devices, or 'peers', to share resources and communicate directly with each other, bypassing centralized servers. This novel approach to network design has transformed numerous sectors, igniting a reconfiguration of traditional models in finance, technology, and beyond. Background and History of P2P Technology...
P2P Tracking
P2P tracking, abbreviated from Peer-to-Peer tracking, is a method used to monitor and analyze the data flow between two nodes in a peer-to-peer network. This technology plays a significant role not only in data security, but also in enhancing user service, scaling bandwidth and storage space. Some recent examples of P2P tracking include applications in...
P2P Transfer
Peer-to-peer transfer (P2P transfer) is a method to move digital assets directly between two parties without involving intermediaries like banks or other financial institutions. With the advancement of financial technology, P2P transfers have experienced significant growth and evolution, bringing a significant influence in the realm of digital transactions. Background of P2P Transfer Originally, the concept...
P2P VPN
A peer-to-peer (P2P) VPN is a virtual private network model where individual users utilize their computational resources and bandwidth to support the network. Instead of relying on servers, P2P VPN provides direct connections between participants, creating a digital network overlay over the public internet. This strategy is becoming widely recognized for its inherent attributes in...
P2PKH (Pay-to-PubKey-Hash)
P2PKH, or Pay-to-PubKey-Hash, is a cryptographic method used in Bitcoin transactions to ensure that coins are transferred to a specific individual's public key hash, rather than the public key itself. This method enhances security by not exposing the public key until the transaction is signed during the spending process. In the realm of Bitcoin, the...
Explore the MEXC Blog Glossary Archive to deepen your understanding of cryptocurrency and blockchain technology. This comprehensive resource features clear, easy-to-understand definitions of key crypto-related terms, concepts, and industry jargon. Whether you’re a beginner or an experienced trader, the glossary helps you stay informed, make smarter investment decisions, and navigate the fast-evolving crypto landscape with confidence. Start learning today and boost your crypto knowledge with MEXC!
