Opera delivers a built-in Crypto Wallet for Android users

July 11, 2018
Chris Wheal

Norwegian-based web browser developer, Opera, has introduced a new web browser for Android users with a built-in crypto wallet potentially mainstreaming the use of making purchases with digital coins.

Opera’s new built-in wallet a boon for Android users?

Opera signaled that a key motivation behind the launch was the “tremendous activity around cryptocurrencies and the vision for Web 3.0.” The developer noted that while there was increased interest in building apps that use digital coins and a wider desire to use decentralized networks for app functionality, obstacles such as the clunky interface of Dapp (decentralized apps) browsers and crypto wallets limit the take up to the most ardent of users.

The new Opera for Android with Crypto Wallet vaults this barrier for both developers and users by installing the wallet into the browser, avoiding the need to install separate Dapp browsers or crypto wallet extensions – an especially attractive feature which may spur more developers to create Dapps for web3.

This next realm of Web2.0 and its fundamental transformation although murky around the edges and somewhat fluid as to what it will eventually look like, is often referred to as the “internet of things’.

Upping the ante

Opera claims it has upped the ante when it comes to current crypto wallets which offer only basic browsing capacity. Opera’s browser with an integrated Crypto Wallet is not only simpler and more intuitive according to the company, but also allows for use of Web 2.0 along with other features most users want, such as ad blocker or bookmarks, while also venturing into the world of Dapps and cryptocurrencies. The browser will support tokens and digital collectible and offer them automatically to users.

Plus, while typical wallets require users to create new PIN codes or passwords; Opera’s reliance on Android’s secure system lock to sign transactions from the Crypto Wallet, means there is no need to learn any new codes to start using the wallet.

Charles Hamel, product lead of Opera Crypto said: “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.”

Adding, “We believe the web of today will be the interface to the decentralized web of tomorrow. By becoming the 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.”

Post written by Chris Wheal
Chris Wheal is editor of OpenLedger's news and features service. An award-wining business journalists himself, he runs a team of freelance journalists from across the UK and north America.

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