Staking – Technological and Economic Challenges Deposit-as-a-Service as an Alternative to Zero Interest Rates

The rapid development of blockchain technologies over recent years has formed a basis for numerous services that emulate and facilitate already existing functions of financial intermediaries, including money transfers, payments and currency exchange. This paper analyses development of staking, being a derivative of technical developments with cryptocurrencies. The background for the emergence of staking-oriented services is provided, both from its internal mechanism as well as user/investor side. Similarity to traditional deposit function is discussed and evaluated in the light of alternative investment opportunities on unregulated markets. Although being technically sophisticated, staking provides an interesting opportunity for risk-loving investors.