Peer to peer network architecture introduces many desired features including self-scalability that led to achieving higher efficiency rate than the traditional server-client architecture. This was contributed to the highly distributed architecture of peer to peer network. Meanwhile, the lack of a centralized control unit in peer to peer network introduces some challenge. One of these challenges is key distribution and management in such an architecture. This research will explore the possibility of developing a novel scheme for distributing and managing keys in peer to peer network architecture efficiently.