Peer-to-Peer (P2P) refers to a decentralized network where participants interact directly with each other without the need for intermediaries. In this setup, users can send and receive assets directly from one another.In the context of digital money, P2P enables individuals to exchange tokens or coins directly. This reduces reliance on traditional financial institutions like banks, allowing for faster and often cheaper transactions. By eliminating the middleman, users gain more control over their assets.P2P technology is also foundational to how many cryptocurrencies function. Each participant in the network typically maintains a copy of the transaction history on a distributed ledger, which adds an extra layer of security and transparency. Moreover, P2P systems can enhance privacy, as transactions can be made without revealing personal information. Overall, this approach fosters a more open and accessible financial system.