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What is a peer-to-peer (P2P) transaction?

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A peer-to-peer (P2P) transaction is a decentralized exchange of value or data between two parties without the need for an intermediary such as a bank or payment platform. It allows individuals to directly interact with each other to transfer funds, share files, or engage in other transactions without relying on a central authority.
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A peer-to-peer (P2P) transaction is a direct exchange of digital or physical assets, services, or information between two individuals or entities without the involvement of a third party intermediary, such as a bank, company, or marketplace. This type of transaction typically occurs online through a P2P platform or network where users can interact directly with each other to buy, sell, or trade goods or services.
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