Agile methods are a key determent in software development. The successful application of the agile methodology, such as Scrum, DSDM or Kanban is highly dependent on the (intrinsic) motivation of the parties involved in software development projects. Hence, maintaining, controlling and increasing motivation becomes inevitably throughout any project. In order to guarantee a high level of motivation, three consecutive elements have been found to be crucial. Nevertheless, a high degree of transparency has been proven to be the main condition to guarantee the following elements in motivation management. It has been previously been proven that 1. Establish an overarching, long-term project vision 2. Concretize stages and milestones and 3. Illustrating dependencies transparently, are needed to maintain employee’s motivation.
The Libra Association, an organization of currently 28 institutional members from various industries, has announced the launch of a crypto currency called "Libra" in 2020. Among the independent members is Facebook, which is currently the major driving force until the official launch and is planning with its subsidiary "Calibra" to release a wallet of the same name for Libra. The project is therefore often mistakenly referred to as "Facebook currency", but the actual scope and motivation, according to the recent white paper published by the Libra Association, goes far beyond that.
FINMA is specifying the regulation of stable coins, formulating high requirements and also taking a stand on Libra. The comments cast doubt on the short-term launch of Libra in the first half of 2020, especially as other national regulators (particularly Germany and France) are explicitly positioning themselves on Libra and first members of the Association are questioning their support.
At the same time, the Chinese stable coin developed in the state-initiated DC/EP (Digital Currency/Electronic Payments) project remains largely unnoticed by the media in Europe and the USA. Although the danger of the international central banking system being undermined by DC/EP is not perceived as acute, the "China-Coin" is still controversial due to its potential for political abuse.
The market, regulation and supervision in the USA and Europe, however, have yet to provide their own answer to the gap in supply for efficient, scalable digital currencies addressed by Libra and DC/EP.