Sei Foundation revealed its plans to acquire 23andMe on a mission to protect the genetic data of millions of US users.
23andMe raised concerns across the US after announcing its bankruptcy.
Data sovereignty has always been the biggest concern in today’s modern age. Blockchain technology is playing its part in giving control back to the rightful owners, who are users. Users can retain full control over their assets and data on the blockchain, which is impossible with centralized entities.
Sei Foundation is promising to bring data sovereignty of genetic information by leveraging its blockchain platform. It made waves in the crypto industry last week on March 27 with its bold announcement of the 23andMe acquisition. Its announcement read,
“We believe user data sovereignty is a matter of national security. When an American biotech pioneer faces bankruptcy, personal genomic data of millions becomes vulnerable to parties that may not share the same values of tran
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