Opera unveils the Crypto Browser Project, a web browser that wants to provide access to Web3 services and which integrates a cyrpto-currency wallet.
Opera switches to the world of cryptocurrency and Web3. On January 20, 2022, the Norwegian company presented its new project, the “Crypto Browser Project”, a special web browser, designed to adapt to the next evolution of the net. In addition, this browser also aims to integrate a portfolio dedicated to cryptocurrency.
For those who do not know the Web3, it is, according to its supporters, the next iteration of the network, which should lead to increased decentralization of the net. On paper, it is a question of using the blockchain, or chain of blocks in French, a technical process which is at the heart of crypto-currencies, but whose use also goes beyond.
However, Web3 has its detractors, who strongly attack it: in their eyes, Web3 is pure mystification and a vast hoax. The decentralization of the web, if deemed necessary to combat the constitution of net giants, does not need crypto for that. By putting it in the loop, it would be to accept a financialized vision of the web.
Opera jumps into crypto with both feet
It is therefore in this very controversial direction that Opera is moving, with its “Crypto Browser Project”. This is available in a beta version for Windows, Mac and Android, with several updates expected throughout the year. Thus, increased interoperability with various blockchains is, for example, expected in the coming months.
« We pursue an inclusive, multi-chain strategy and we embrace as many dApp partnerships (decentralized applications, editor’s note) and domain names as possible, to make the use of crypto and Web3 transparent for our users says Opera. Mentioned as partners are Polygon, Solana, Nervos, Celo, Unstoppable Domains, Handshake and ENS.
It is therefore a question of facilitating navigation in decentralized applications, non-fungible tokens (NFT) based on the Web3, but also cryptocurrency transactions, decentralized finance, but also metaverses designed for this new environment. Lots of “buzzwords” all of a sudden, Web3 haters would shout.
For Opera, too few web browsing experiences offered today are built with the intention of putting Web3 at the center of browsing and making blockchain technologies understandable and easy to use. However, this does not mean that the browser can no longer surf the “classic” web, which we access today.
Thus, in a sidebar, we can always find Twitter, Telegram or WhatsApp, thanks to a dedicated integration. The browser contains a news and data aggregator to track crypto news, asset prices, quotes, events, and more. You can also do business with your crypto wallet, by buying, selling or exchanging currencies.
This is not the first time that the Norwegian company has approached this universe: in 2018, Opera natively integrated a wallet for crypto into its main web browser. This support has continued and developed over the years, but the announcement of this initiative shows the desire to take things a step further.
Opera appears to be the first major publisher of a web browser to jump such a course. Its market share on mobile allows it to compete with Firefox for example, but it is more behind on PC – Edge, Safari or even Firefox are much higher. As for Google Chrome, it’s definitely too far off for a comparison to be reasonable.