Opera Enables Support for Blockchain and Cryptocurrency on Android

- December 14th, 2018

Opera (NASDAQ:OPRA) announced the launch of its new browser for Android that enables support for blockchain, crypto wallet and Web 3 Support. The company announced the launch of the browser with Web 3 enables easy access to the “internet of tomorrow”. As quoted in the press release: “We are empowering Android smartphone users with an … Continued

Opera (NASDAQ:OPRA) announced the launch of its new browser for Android that enables support for blockchain, crypto wallet and Web 3 Support.

The company announced the launch of the browser with Web 3 enables easy access to the “internet of tomorrow”.

As quoted in the press release:

“We are empowering Android smartphone users with an innovative browser that gives them the opportunity to experience Web 3 in a seamless way”, said Krystian Kolondra, EVP Browsers at Opera. “I would like to invite all tech enthusiast who may have heard of blockchain but haven’t yet experienced it to simply give our new browser and Web 3 a try. We have made it extremely easy. Our hope is that this step will accelerate the transition of cryptocurrencies from speculation and investment to being used for actual payments and transactions in our users’ daily lives.”

 Web 3 is the internet of the future

Web 3 is an umbrella term for a set of emerging technologies intersecting cryptocurrencies, blockchains and distributed systems that, together, extend the capabilities of the web we all use today in important and meaningful ways.

Opera believes that the web of today will be the interface to the decentralized web of tomorrow (Web 3). 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.

Bringing cryptocurrencies and Web 3 to the mainstream

Web 3 still faces many challenges before reaching wider adoption. These barriers range from users’ understanding of new terminology, to difficulties in acquiring cryptocurrency and to complicated installation procedures.

People, however, are more likely to adopt new solutions if they are user-friendly and seamless. With this release, Opera is providing exactly such a tool with the hope that integrating Web 3 alongside the current web will make the technology more mainstream.

Until now using cryptocurrencies online and accessing Web 3 required special apps or extensions, making it difficult for people to even try it out. Our new browser removes that friction”, said Charles Hamel, Product Manager of Opera Crypto.

Click here for the full text release.

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