The Peer Economy (or Peer to Peer (P2P) Economy) is the model where two individuals buy (demand) and sell (supply) goods or services directly that focuses on peer-to-peer (P2P) networks in the creation of products, delivery of services, funding and more. In a P2P Economy, the seller is a private independent individual who produces the merchandise or offers the service themselves without an intermediary third-party or the use of an incorporated entity or business firm. A P2P economy has allowed a wide variety of business models, such as multisided platforms, marketplaces, or crowdsourcing.
Related Definitions in the Project: The Commercial Definitions; Business Organisation
