Opera Browser Enables Direct Crypto Payments with Bitcoin

With more than 350 million users, Opera is one of the most widely used web browsers. According to a press release shared on Monday with cryptocurrency news outlet Cointelegraph, Opera has now become the first web browser with crypto payments.

crypto payments

Opera now features a built-in cryptocurrency wallet for crypto payments that allows users to send and receive Bitcoins through the browser. Additionally, the browser’s wallet can also be used for paying for goods and services on a number of websites that support cryptocurrency payments.

Besides Bitcoin, Opera from now on also features a TRON (TRX) wallet for crypto payments. In a statement for Cointelegraph, the head of crypto at Opera Charles Hamel stated: ‘We believe that opening our browser to more blockchains, including Bitcoin, is the logical next step to making our solution more relevant to anyone who has a Bitcoin Crypto wallet.’ Furthermore, Hamel stated that the team would like to do more than simply store cryptocurrencies in a browser account.

Opera’s cryptocurrency wallet was already integrated into a previous iteration of the web browser which was in beta testing. However, the browser already introduced Ethereum payments earlier this year in February.

Web 3.0 as a complementary asset to crypto

The third generation of the internet, known as Web 3.0, represents a new phase that will bring a noticeable shift to the sector. Aside from introducing AI technology that would make web browsing and user interactions more efficient and personally adjusted, the third generation of the internet also plans to introduce decentralization.

Opera is one of the few web browsers that actively works on Web 3.0-related developments. In June this year, the company released an iOS version of their web browser named ‘Opera Touch’ that supported several features such as the Ethereum protocol, Ethereum’s Web3 dApps and even a Web 3.0 explorer.

Despite the fact that Opera only has a 3% market share in terms of browser accounts, it is one of the few browsers that regularly introduces features such as crypto payments that would allow the implementation of the Web 3.0. As stated by Charles Hamel, the company has the goal to increase the adoption of cryptocurrencies online by making them easier to use, which is done by creating special apps and extensions.

Besides Opera, Brave is one of the most famous blockchain browsers that puts a key focus on decentralization and privacy. The browser has over 2.8 million daily active users and features an ad-system where users can get paid in BAT (the project’s native cryptocurrency) to watch non-intrusive advertisements.

While decentralization and privacy are a few years away given the centralized works of tech giants such as Facebook and Google, early innovators will pave the way for a far better internet experience. If the Web 2.0 introduced a way of not only enjoying, but also sharing user content, the introduction of blockchain technology and crypto payments will add an economic and privacy layer to the internet.

Add a Comment

Your email address will not be published. Required fields are marked *

eight − 7 =