These are serious concerns, especially if blockchains are to usher in the kind of post-industrial revolution that its advocates are predicting. Most of us can’t even protect our passwords, much less our private keys; the idea of integrating a corporation with thousands of employees with a high-tech blockchain seems about as realistic as training a cow to trade derivatives.
One new device may bring companies a half-step closer to a blockchain for industrial use. Filament has introduced the Blocklet, a penny-sized hardware dongle that will allow businesses to interface their equipment with blockchains. According to a statement from the company, the device “is designed to interact with multiple blockchains natively, giving businesses a way to attach secure hardware to their existing IoT machines allowing them to transact with each other directly.”