Opera is launching a new web browser with built-in cryptocurrency wallet

Posted: 11 July 2018 3:37 pm
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A new, simple to use web browser that allows users to utilize a digital wallet alongside other features.

Opera, a web browser used by millions worldwide, has created a new product that contains a built-in cryptocurrency wallet, eliminating the need for users to install separate DApp browsers or wallet extensions.

Opera for Android with Crypto Wallet will be launched in private beta and users wishing to sample the new browser will need a Google or G Suite account, according to a press release posted on the company’s website.

Opera explains that existing offers are built as cryptocurrency wallets with a default WebView on top. However, Opera’s new browser integrates its own crypto wallet, allowing users to remain engaged online and utilize alternative browser features, such as ad blocking software and bookmarks. The company advocates that their wallet’s user interface is simple to operate, relying less on PIN codes and passwords and more on Android’s secure system lock to authenticate and verify transactions.

Opera for Android with Crypto Wallet supports digital tokens and digital collectibles.

The added functionality makes it simpler for developers to construct DApps built on the Ethereum network.

“Paying with the Crypto Wallet is like sending digital cash straight from your phone,” Opera Crypto’s product lead Charles Hamel said. “This opens up new possibilities for merchants and content creators alike.”

“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.”

Web 3.0 is the concept of a decentralized Internet, connecting users via DApps and peer-to-peer networks.

Given that many cryptocurrency exchanges deal with issues such as financial regulations, steep price fluctuations, theft and fraud, traders may be inclined to seek alternative cryptocurrency conversion methods. Enter Bancor’s new mobile-friendly native wallet. Bancor Wallet allows users to purchase, store and manage any ERC20 token and convert between any token on its network, including Ethereum, OmiseGo and others.

Earlier this year, Dutch-based financial institution Rabobank announced it was developing a digital wallet.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.


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