Sei Foundation plans to acquire 23andMe

According to BlockBeats, on March 28th, according to the official X account of Sei Foundation, Sei is considering acquiring 23andMe, a genetic testing company that has filed for bankruptcy protection. The company plans to put the genetic data of its over 15 million users on the blockchain and give users ownership and control over their own genetic data. Sei stated that genetic data security has become a national security issue, and 23andMe is currently facing serious financial difficulties and filed for Chapter 11 bankruptcy protection this week. Several state attorneys general have reminded users to consider deleting personal data on the platform. If this acquisition proceeds, Sei will protect privacy through blockchain encryption mechanisms, allowing users to independently decide whether and how to authorize the use and monetization of their data. Sei stated that this will be its' most radical decentralized science (DeSci) project '.