Skepticism in this realm is certainly warranted and undoubtedly healthy.

However, I think I should share this because the above two comments seem to have not caught wind of it. A number of enterprise-level organizations both within and without this org are working on projects and experiments both utilizing the public blockchain and private chains using the technology.

I think there is some validity to the project that is simply not yet mainstream yet.

https://entethalliance.org/members/