Against the background of the reorganization of R3, leading top managers have left

Executive Director of the R3 blockchain consortium, Brian McNeult and Chief Executive Officer Lauren Carroll, left the organization as part of a massive internal reorganization, CoinDesk reported, citing informed sources.

As the newspaper notes, in R3 they confirmed that they are preparing for serious changes, which imply an active replenishment of the state in 2019. However, McNeult and Carroll refused to comment on the care.

We add that McNeult joined R3 back in 2016, when the startup began to attract large banks to work with the Corda framework. It is noteworthy that before that he had founded the competitive consortium Post Trade Distributed Ledger Group (PDLT), which included the CME Group, the State Street Bank and the London Stock Exchange.

At the same time, R3 intends to assemble a new team for product design development and marketing activities, which will allocate product management to a separate department.

Recall that in the summer of 2018, information appeared about the imminent bankruptcy of R3 due to the lack of new investments.

In September, R3 and Ripple settled all legal disputes within the framework of a secret agreement, and in December the startup submitted a payment application with support for the XRP token.

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