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 raises ethical issues that require careful consideration of its applications. Overall, the document discusses the current uses and future potential of blue biotechnology while also noting areas that require more development and issues that need attention regarding its ethical implementation.