Peer-to-Peer Trading
Peer-to-peer (P2P) trading is a decentralized method of exchanging assets, such as cryptocurrencies, goods, or services, directly between individuals without intermediaries like banks or centralized exchanges. It enables users to transact directly with each other using platforms that facilitate matching, negotiation, and secure transactions. This approach enhances privacy, reduces fees, and empowers users by eliminating reliance on third-party institutions.
Developers should learn P2P trading concepts when building decentralized applications (dApps), blockchain platforms, or marketplaces that require direct user interactions, as it's essential for implementing features like escrow services, smart contracts, and trustless transactions. It's particularly relevant in fintech, cryptocurrency exchanges, and sharing economy apps to create resilient, censorship-resistant systems that align with principles of decentralization and user autonomy.