Blue biotechnology utilizes marine organisms to develop or modify products. It has applications in food ingredients, algal products, biofuels, single cell protein, biosensors, and more. Transgenic fish have been created with genes for enhanced traits like growth rates, disease resistance, and altered breeding cycles. However, biotechnology also faces challenges in achieving large-scale production and overcoming ethical concerns around genetic modification. Overall, the document discusses the current applications and ongoing areas of research for blue biotechnology.