The top five ranked internet browser Opera will be launching an update that enables a built-in cryptocurrency wallet. Opera, which captures roughly 3.5 percent of all global browser usage across the internet, will include the crypto wallet in the newest private beta software version for Android smartphones. The update will enable users to be able to store, send, and receive Ethereum and ERC20 cryptocurrencies directly to their browser.
According to Opera, the new version of the browser for Android “combines easy-to-use crypto wallet functionality with support for the Ethereum Web3 API” for “friendly and seamless” access to decentralized applications (dApps) such as decentralized exchanges like Bancor, or games like CryptoKitties.
Opera says they are adding support for cryptocurrencies in an effort to bring their browser up to speed with Web 3.0 - a term used to describe a decentralized internet built on the blockchain. Charles Hamel, Opera’s crypto product lead explained:
“We believe the web of today will be the interface to the decentralized web of tomorrow.”
“We think that with a built-in crypto wallet, the browser has the potential to renew and extend its important role as a tool to access information, make transactions online and manage users’ online identity in a way that gives them more control.”
Given the rise in cyber-crime related to cryptocurrencies, Opera is paying extra attention to their user’s privacy, asking a user’s permission before providing private data to third-parties in an attempt to reduce the occurrence of phishing scams and other potential avenues for crypto theft. Opera said:
“Privacy is a very important aspect for browsers in general, but even more so for crypto wallet users. Our aim was to create a user-controlled crypto wallet that provides enhanced control and security of the keys which are used to control the wallet’s funds.”
For now, Opera is only bringing the crypto wallet to their Android mobile browser in a private beta, with no word on if they will eventually make it available on their desktop or iOS browser.