Former R3 Research Analyst Tim Swanson Joins UK-Based Blockchain Rival Clearmatics

  • Tim Swanson joins U.K.-based Clearmatics
  • He will be working on the organization in different initiatives

The recognized blockchain analyst Tim Swanson, former R3 director, is currently joining the R3 rival company Clearmatics.

Mr. Swanson is the founder and director of research at Post Oak Labs and he has been advising Clearmatics since 2015 through its advisory board. The information was released by CoinDesk a few hours ago.

Tim Swanson Joins Clearmatics

According to the report, Swanson is going to be working full-time on Clearmatics and he will be working as the head of market intelligence. Swanson has been the director of market research at the blockchain builder R3. He has been working on this position from 2015 until late 2017, when the most popular digital asset, Bitcoin (BTC), was reaching its all-time high.

Clearmatics is the technology partner for Finality, a consortium of financial institutions that build the interbank virtual currency “utility settlement coin” (USC). The virtual currency gathered $63.2 million in funding just last week. Clearmatics has also raised $12 million in a series A round in October.

Although Mr. Swanson will not be directly working on Finality’s USC project, he will be focused on other initiatives. He wants to participate in the creation of critical infrastructure for the future of the organization.

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