Financial technology giant Plaid has entered into a partnership with Sei Labs. Sei Labs hopes that this collaboration will not only reduce friction and increase user adoption rates, but also encourage developers to build applications using blockchain technology. Plaid will help address key program issues such as wallet login, identity verification, and bank account identity verification. According to Sei Labs' statement, Plaid is valued at over $13 billion and works with 12,000 financial institutions in North America, the UK, and Europe.