This article may be expanded with text translated from the corresponding article in Portuguese. (November 2021) Click [show] for important translation instructions. View a machine-translated version of the Portuguese article. Machine translation like DeepL or Google Translate is a useful starting point for translations, but translators must revise errors as necessary and confirm that the translation is accurate, rather than simply copy-pasting machine-translated text into the English Wikipedia. Consider adding a topic to this template: there are already 1,376 articles in the main category, and specifying|topic= will aid in categorization. Do not translate text that appears unreliable or low-quality. If possible, verify the text with references provided in the foreign-language article. You must provide copyright attribution in the edit summary accompanying your translation by providing an interlanguage link to the source of your translation. A model attribution edit summary is Content in this edit is translated from the existing Portuguese Wikipedia article at [[:pt:Pagamentos P2P]]; see its history for attribution. You should also add the template ((Translated|pt|Pagamentos P2P)) to the talk page. For more guidance, see Wikipedia:Translation.

Peer-to-peer banking is a term used in the blockchain banking industry and designates an act of transfer of value without the need of an intermediary such as a bank.

Peer-to-peer banking is an online system that allows individual members to complete financial transactions with one another by using an auction style process that lets members offer loans for a specific amount and at a specific rate.

Definition in the traditional banking

Buyers have the option to look for an amount and rate of interest that meets their needs. All members are categorized by their risk level. Members can browse for other people based on various demographic information.

Since P2P banking does not use third party banking institution intermediaries the rates and terms are often much more favourable for the members.[1][2]

Unlike conventional banking where the spread between deposit rates and lending rates are consumed to finance the bank's administrative and logistic expenses, both lenders and borrowers get to save such costs, while paying certain commission to the P2P portal provider and/or the credit rating agency.

P2P banking and financing has been proposed as a method to accelerate the development renewable energy projects while more equitably distributing the return on investment.[3] These concepts have now been instituted by Energy in Common and Kiva in their green fund.

Old models

The following two pictures show the difference between the peer to peer banking approach and the normal way with a financial institute.

See also


  1. ^ "Peer-to-peer lending is surging in the US, and it could hurt big banks" m
  2. ^ "Peer-to-peer lending",
  3. ^ K. Branker, E. Shackles, J. M. Pearce, “Peer-to-Peer Financing Mechanisms to Accelerate Renewable Energy DeploymentThe Journal of Sustainable Finance & Investment 1(2), pp. 138-155 (2011).