SEI Foundation Flowing 23andme acquisition, genetic data on Blockchain
The Foundation behind Layer-1 Blockchain, SEI, announced that it was exploring the acquisition of the 23ndme genetic test company after the company applied for bankruptcy.
In the publication of March 27, SEI network He said Its institution was considering buying 23ndme “to defend the genetic privacy of 15 million Americans” by placing the company’s data on Blockchain. According to the institution, if it gets a biotechnology company, it plans to publish all genetic information on Blockchain and “return data ownership to users through encrypted and secrecy transport operations.”
March 27 x Announcement of a possible acquisition of 23andme. source: SEI network
“We believe that the sovereignty of user data is the issue of national security,” SEI said. “When the American biotechnology pioneer faces bankruptcy, the personal genetic data of millions becomes vulnerable to the limbs that may not share the same values of transparency and open access.”
The advertisement came about four days after 23andme He said She applied to protect Chapter 11 in the American Banking Court of the Eastern Region in Missouri. The company said at that time, there will be “road changes [it] Stores or administration or protect customer data, “which includes genetic information from about 15 million people worldwide.
Related to: Stop giving your DNA data free for free to 23andme, says Genomes.io CEO. For many people, 23andme has concerned concerns about the privacy of data in an era that wooden companies have genetic information from millions of people. After the declaration of bankruptcy, the state prosecutor in New York, Lettia James, and California General Prosecutor, Rob Punta Urging 23andme communication users to delete their personal data, saying they have the right to privacy and order any DNA samples that are destroyed. The two authorities He said The state laws have given 23ndme users to control their own data. The price of the Sei (SEI) icon for the network has increased briefly from $ 0.209 to $ 0.215 after the x network post – an increase of approximately 3 %. magazine: Age of life expert: Artificial intelligence will help us to become a “biological immortal” from 2030