In what seems like a forward-thinking maneuver, popular web browser firm, Opera has revealed it’s on the verge of releasing a limited beta version of its Opera Android web browser with an in-built cryptocurrency wallet.
“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,” said product manager Charles Hamel.
According to reports, Opera has been keeping abreast with happening in the cryptospace for quite some time now. Since early 2018, the firm has built cryptojacking resistant browsers for both we and mobile phone users.
A quite excellent and innovative move, considering the fact that the menace of cryptojacking – a scenario whereby hackers use other peoples computers to mine cryptocurrencies such as Monero, without their consent- has experienced an alarming increase lately.
The Opera team has also hinted that the groundbreaking Opera crypto wallet will be Ethereum Web3 API compliant and would automatically add supported tokens and collectibles.
That’s not all, a “default WebView” will also be integrated into the crypto wallet.
Cryptocurrency Going Mainstream?
Even with the recent cryptocurrency market downturn, the level of optimism in the global cryptospace has not waned one bit.
This 2018, a vast array of institutional investors have joined the crypto bandwagon, with much more waiting for the space to be adequately regulated before they launch operations.
If all goes according to plan for Opera, the creation of a browser with an in-built cryptocurrency wallet will make the firm the first significant browser company to achieve such innovative feat.
It’s worthy of note that the firm launched its Opera Mini Browser in 2015, in a bid to increase its user base to 250 million by the year 2017.
The initiative has proved beneficial for the Opera so far.
It is estimated that about 3.5 percent of the global internet browser users make use of the Opera browser, while an impressive 3.5 percent of all mobile phones in the world have Opera browser installed.
The integration of a cryptocurrency wallet into the Opera browser is a welcomed development for the firm and cryptocurrency industry as it would undoubtedly enhance the journey of blockchain-based digital currencies into mainstream finance while increasing the user base of Opera.
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