Opera Launches Android Browser with Built-In Crypto Wallet
- The browser is aiming to lower the barrier of entry into the 'Internet of Value.'
Norwegian internet firm Opera has launched the world’s first-ever browser with a built-in cryptocurrency wallet. The browser, which is compatible with Android, is currently available for use in private beta; the company describes it as “the first major browser to open up a mainstream product to Web 3.0.”
The browser, which offers full support for Ethereum’s Web 3.0 API, will use Android’s system lock to sign and send transactions from its built-in wallet.
Hopes to Lower the Barrier of Entry into the “Internet of Value”
According to the official announcement of the new browser, Opera is hoping to “[lower] the barrier of entry into” the so-called ‘Internet of Value’ (IoV) by simplifying the process of using crypto practically. The IoV is the part of the internet in which value can be exchanged as quickly as information can on the internet as we know it now--a vision that has not yet been achieved.
“Our hope is that this will accelerate the transition of Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term from speculation and investment to being used for actual Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and transactions in our users’ daily lives,” said Charles Hamel, Product Lead of Opera Crypto.
A vast number of firms have developed APIs and apps that allow users to send and receive cryptocurrency transactions with relative ease, but the idea behind Opera’s new browser is that its users will be able to eliminate the need to install browser extensions (i.e., MetaMask) or Dapp-based browsers.
The “Cash Experience” for Online Browsing
Indeed, the process of using cryptocurrency to send or accept payments is often cumbersome, and inappropriate ties between personal data and crypto transactions can compromise their anonymity. However,
Hamel believes that the new browser will make crypto usage faster and more anonymous, saying that “having a Crypto Wallet in the browser brings the cash experience to the world of online payments.”
It’s possible to try the beta version of Opera Crypto by visiting the product’s website.
Opera has shown awareness of problems presented in and faced by the cryptosphere in the past. In January, the company announced added protection against ‘cryptojacking’ malware for Android as part of the browser’s native ad-blocking shield.
Chinese mining giant Bitmain announced that it was buying the majority of shares in Opera's company last week.
Norwegian internet firm Opera has launched the world’s first-ever browser with a built-in cryptocurrency wallet. The browser, which is compatible with Android, is currently available for use in private beta; the company describes it as “the first major browser to open up a mainstream product to Web 3.0.”
The browser, which offers full support for Ethereum’s Web 3.0 API, will use Android’s system lock to sign and send transactions from its built-in wallet.
Hopes to Lower the Barrier of Entry into the “Internet of Value”
According to the official announcement of the new browser, Opera is hoping to “[lower] the barrier of entry into” the so-called ‘Internet of Value’ (IoV) by simplifying the process of using crypto practically. The IoV is the part of the internet in which value can be exchanged as quickly as information can on the internet as we know it now--a vision that has not yet been achieved.
“Our hope is that this will accelerate the transition of Cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised of decentralized networks, blockchain technology is not overseen by a central authority.Therefore, cryptocurrencies function in a decentralized nature which theoretically makes them immune to government interference. The term, cryptocurrency derives from the origin of the encryption techniques that are employed to secure the netw Read this Term from speculation and investment to being used for actual Payments Payments One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl One of the bases of mediums of exchange in the modern world, a payment constitutes the transfer of a legal currency or equivalent from one party in exchange for goods or services to another entity. The payments industry has become a fixture of modern commerce, though the players involved and means of exchange have dramatically shifted over time.In particular, a party making a payment is referred to as a payer, with the payee reflecting the individual or entity receiving the payment. Most commonl Read this Term and transactions in our users’ daily lives,” said Charles Hamel, Product Lead of Opera Crypto.
A vast number of firms have developed APIs and apps that allow users to send and receive cryptocurrency transactions with relative ease, but the idea behind Opera’s new browser is that its users will be able to eliminate the need to install browser extensions (i.e., MetaMask) or Dapp-based browsers.
The “Cash Experience” for Online Browsing
Indeed, the process of using cryptocurrency to send or accept payments is often cumbersome, and inappropriate ties between personal data and crypto transactions can compromise their anonymity. However,
Hamel believes that the new browser will make crypto usage faster and more anonymous, saying that “having a Crypto Wallet in the browser brings the cash experience to the world of online payments.”
It’s possible to try the beta version of Opera Crypto by visiting the product’s website.
Opera has shown awareness of problems presented in and faced by the cryptosphere in the past. In January, the company announced added protection against ‘cryptojacking’ malware for Android as part of the browser’s native ad-blocking shield.
Chinese mining giant Bitmain announced that it was buying the majority of shares in Opera's company last week.