Opera Browser To Launch A Cryptocurrency Wallet

Jul 13, 2018 at 12:35 Update Date :Jul 13, 2018 at 12:35 UTC

Opera browser, in their latest version, has launched a feature that will benefit a huge amount of crowds. Currently in the private beta phase, Opera has introduced an inbuilt cryptocurrency wallet to the browser. The move is to benefit a user base of 322 million on all platform as they would no longer require third-party extensions to manage their crypto payments.

The Opera developers are relying on the easy-to-use user interface to gain a substantial advantage over other crypto wallets. They had also executed an anti-mining security feature last year. However, this time they are relying on the existing Android system’s lock and security feature to authenticate the transaction. Ergo, the users will not have to create an extra PIN or password, especially for the wallet.

Charles Hamel, the Product Lead of Opera Crypto said:

“Having a Crypto Wallet in the browser brings the cash experience to the world of online payments. Paying with the Crypto Wallet is like sending digital cash straight from your phone, and we’ve just made it easier. This opens up new possibilities for merchants and content creators alike.”

Currently, in its private beta version, the app only supports ETH, ERC-20 tokens and ERC-721 collectibles. It automatically presents the ERC-721 collectibles to the user. It also has built-in support for Ethereum Web3 API which is brought in to encourage the development of decentralized apps. However, the developers have time and again emphasized on the fact that this is just for testing the feature along with user experience and to understand the reactions of the community. And once the platform is set, they will be adding support for similar cryptocurrencies.

Hamel added:

“We believe the web of today will be the interface to the decentralized web of tomorrow. By becoming the first major browser to open up to Web 3.0, we would like to contribute to making the internet of the future more accessible. Our hope is that this will accelerate the transition of cryptocurrencies from speculation and investment to being used for actual payments and transactions in our users’ daily lives.”

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