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Opera launches its new desktop web browser with built-in cryptocurrency wallet

Opera

In a much-anticipated development, major web browser Opera has released its new web browser with a built-in cryptocurrency wallet, according to a report by Cointelegraph. Opera’s new browser which has been named as Opera 60 (codenamed Reborn 3) is now available for the Mac, Windows and Linux operating systems.

As per the announcement, the cryptocurrency wallet in the Opera computer browser syncs with the cryptocurrency wallet in the Opera browser for Android. The browser also features a Web 3 explorer which will give users the opportunity to conduct transactions and interact with the blockchain-based internet, also known as Web 3. The browser also provides a VPN facility that enhances users’ privacy and enhances overall security.

The Opera wallet synchronizes the wallet in the Opera browser of the smartphones and the wallet keys are always there in the smartphone and never leave the phones. The press release shared with Cointelegraph further goes on to elaborate:

“In practice, whenever they need to identify themselves to a Web 3 website or sign a transaction on the blockchain, users get a notification on their smartphone. They can confirm it in the same way they unlock their system, using for example, facial recognition or their fingerprint.”

If you look at it closely you will find that it’s more like a two-factor authentication process. When a user has to identify himself, he will get a notification on his phone and he will unlock his phone and confirm the said transaction.

With the integration of the VPN services, the company aims to safeguard users’ privacy and create an encrypted channel which will protect users’ data from third parties and also secure their geographical location.

Speaking about this latest offering, Opera executive vice president Krystian Kolondra said:

“Blockchain technologies bring the power and control back to the people. They can securely sign transactions and identify themselves to websites, without unnecessarily oversharing the data.”

The company first released the teaser of this upcoming product in July 2018. “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,” Product Manager Charles Hame had said then.

Earlier this year in February, Opera allowed its users to buy Ethereum (ETH) directly from the browser. Safello, a Bitcoin and crypto payment provider announced that its brokerage solution is now integrated into the Opera browser. Opera launched the first blockchain-enabled browser for Android in December last year.

Image: Shutterstock

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