In a first for the company, Opera is launching new browser software that has a built-in cryptocurrency wallet.
The browser maker said Wednesday that its "new version of the Opera browser for Android… combines easy-to-use crypto wallet functionality with support for the Ethereum Web3 API." The browser is currently in private beta, which the company is now inviting new users to join.
This means users no longer have to open a new web browser or download a separate extension to send, receive and pay in cryptocurrency – now they can do so directly from a toggle on their browsers on mobile Android devices.
It is an especially useful announcement for developers of decentralized web applications – more commonly known as dapps – given that the new browser functionality indicates users can now more easily interact with dapps being built on the ethereum network.
Charles Hamel, the product lead on Opera Crypto, explained in a statement:
Boost to Web 3.0
That term "Web 3.0" refers to the vision of a decentralized Internet built on top of the ethereum blockchain that connects users to various dapps and peer-to-peer networks.
As previously reported, some dapps such WeiFund have already been developed for the express purpose of being used on Web 3.0-enabled browsers equipped with embedded wallets.
In effect, the newly released browser with built-in crypto wallet functionality by Opera boasts a "simple" user interface that builds on "existing browser wallets/dapp browsers...with a default WebView."
As such, the company expects to lower "the entry barrier to Web 3.0 for users" and offer the path for those wanting to "venture into the world of dapps and cryptocurrencies."
Wednesday's launch follows an announcement in January, when the company introduced cryptocurrency miner protection for users of mobile Android devices as part of the browser's native ad-blocker functionality.
Interface image courtesy of Opera
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2023, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.