Home News Ethereum Opera Browser Becomes the First to Introduce Built-In Crypto Wallet

Opera Browser Becomes the First to Introduce Built-In Crypto Wallet

Source: Opera

On Wednesday, Opera browser announced that it would be launching an in-built cryptocurrency wallet.

This announcement comes as a surprise, especially since most browsers are doing the opposite- trying to clamp down on any activity related to cryptocurrencies, in a bid to prevent any illicit activity of cryptojacking.

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The browser has enabled online payments with cryptocurrencies. A trader who chooses to make online payment through cryptocurrencies, will be able to do so through Coinbase Commerce-enabled merchants, wherein they will be presented with a payment dialog box asking for their signatures. Once the signature is verified, the payment will go through the wallet.

The latest version of the browser will combine an “easy-to-use crypto wallet” functionality with support for Ethereum decentralized apps, or Dapps. This means users can now interact with Web 3.0 using our popular and fully-featured Opera mobile browser.

In a press release, Opera said, “The past 18 months have brought tremendous activity and new ideas around cryptocurrencies, tokens, decentralized apps and how they all play a role in the vision for Web 3.0. More and more developers are interested in building apps that use cryptocurrencies and want to use decentralized networks for some of their app’s functionality.”

Blog.Opera.com

“Unfortunately, there are currently many challenges to reach wider adoption. These barriers range from users’ understanding of new terminology, to difficulties in acquiring cryptocurrency and to complicated installation procedures. People are more likely to adopt new solutions if they are user-friendly and seamless and this is what we are aiming to solve. We are hoping that by integrating Web 3 alongside the current web will make the technology more mainstream,” it added.

Earlier, DApps only existed on a default WebView system component for their browsing functionality, which has led to many technological roadblocks.

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