P2P

File sharing has grown into a revolutionary aspect of new media in which, based on varying levels of access, one is able to transfer or share files to another system through an internet connection. This has many applications to the real world such as making a coherent group assignment easier to access for all parties involved, or for transmitting critical data from one system to another whilst being discreet and efficient. File sharing encompasses all formats of data one can imagine, from songs to documents to personal information and password schemes. P2P file sharing (peer to peer file sharing) is the transaction of sharing or transmitting a file from one party to another and the intended party of whom the transmission was directed is able to search for this file through a software that allows the user to search across devices to locate the file requested. Some examples of P2P file sharing are similar to the ones shared above, such as transferring and downloading music, photos, even movies or video which in some cases are illegal, are able to be transmitted using P2P networks. As mentioned in the P2P File Sharing article by Margomin, one way to avoid this is for producers to allow the content to be free as opposed to being sold where the purchaser is able to disburse the content, and instead ask for donations in order to be profitable. Another application as seen in the "Peers find less pressure in borrowing from each other" article by Wendy Kaufman, is peer to peer lending. This allows for direct transactions between borrowers and lenders outside of the conventional banking institutions and allows for investors on these platforms to receive some of the interest back on their pool in the form of dividend payments over the duration of the loan. Although the applications of P2P file sharing are growing at a steady rate, it's important to take into account that "P2P lenders won't be putting conventional banks out of business anytime soon" as stated by David Schehr.


 Works Cited: 

 Peers Find Less Pressure Borrowing From Each Other May 10, 2013 http://www.npr.org/blogs/alltechconsidered/2013/05/10/182651552/peers-find-less-pressure-borrowing-from-each-other

 P2P file sharing - margomin.pdf

Comments

Post a Comment

Popular posts from this blog

Next New Media

A new type of media that I would suggest, which does not currently exist, would be a smart phone application that would be used to enhance ride-share in crowded cities. Now more than ever, humans rely on transportation like ride-sharing services such as Uber and Lyft to get from point A to point B without having to drive themselves and spend hours looking for parking or dealing with the congestion of city life. A new application I would propose would be an additional feature that alerts passerby's of your generic intended location for your next commute and if they have the app, they as well can participate in your commute and join you on your ride until the driver arrives at each specific location. Although Uber and Lyft have integrated "pool" service, there is an inconvenience since passengers are picked up at different locations. This form of new media will allow for an easier and more efficient ride. This will not only benefit the environment and community, but also re
Read more

Improvement to Baruch College using New Media

If I were a consultant hired by CUNY Baruch College to make improvements to the establishment using new media, the first change that would go into effect would be communications. The hierarchy structure between students, professors, administration, department heads and deans is clearly in need of some serious work.  Emails have grown distant as an effective means of communication and there are new media outlets such as an interactive webpage that allows users to post concerns regarding material offered in each course with a direct link for professors or individuals within a department to respond so as to facilitate a discussion. This would be beneficial to a wider range of students as well since many have similar questions they would like to be answered. Another way new media can be applied to Baruch College would be through testing and examinations. Study groups take up time, are not always as helpful as you'd expect and can prove to be a hassle when preparing for more than one ex
Read more

Creativity and New Media - Example

Image
New media, as discussed in my earlier blog post, encourages social interactions and fosters creativity through community and communication. This have proved true in my personal life through a wide range of applications, but predominantly in respect to my business professional account on LinkedIn. As a young student seeking to establish a successful career in finance, networking with other individuals with similar interests, goals and roles at institutions you wish to work with in the future. LinkedIn is a business professional platform that allows you to connect with other professionals in each respective industry and start conversations or review qualifications. This appealed to me and after creating an account and attending networking event, I found tremendous benefit in adding people to my profile so we could discuss topics further or to save as a reference further down the road. This simple act of conversation online through this platform was enabled by new media and mass communica
Read more