We Talk to Opera Why We Should Care About a New Crypto Browser

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Cryptocurrency is a field that has only grown since its inception, and Opera wants to be part of it. The company is progressing by developing another variant of its Web browser: the Crypto Browser Project.

This application allows users to store their crypto wallets in the new browser. Users can also track and manage different types of electronic coins, as well as controversial NFT content offered by various companies. These features are all grouped together in what is called Web3, a set of activities that some believe will be widely used on the web for years to come.

Opera breaks new boundaries by creating specialized browsers such as gaming-focused browsers GX. The Crypto Browser project is Opera’s attempt to target users who have a crypto wallet.

TechRadar spoke with Jan Standal, VP of Product Marketing at Opera, to understand the need for a cryptocurrency-focused web browser.

The crypto-elephant in the bedroom

If you’ve used an Opera product before, Crypto Browser will look familiar. The layout is similar, but with a blue and green color scheme.

We asked Standal what Opera’s browser can offer the crypto market:

“Browsers have always provided a trusted gateway through which consumers discover and interact with the Internet – and all the new digital trends and technologies related to it,” Standal explains. “With the Crypto Browser Project, we set out to create the first truly personalized experience for people who want to learn about blockchain and Web3 technologies, by channeling nearly three decades of experience we have in building user-friendly browsers.

“Our Crypto Browser lowers barriers to entry into the Web3 world by providing our users with easy access to blockchain news and tutorials, seamless navigation of Web3 services and applications, and our trusted non-custodial wallet integrated directly into the browser.”

Why go all-in-one with a browser, rather than a plugin?

We wondered why the goal was an Opera browser focusing on cryptocurrency, rather than a browser extension.

“By controlling the browser, we are able to solve experiences that cannot be solved with simple extensions. Take, for example, the secure clipboard feature in the Crypto Browser beta: it protects the address of your wallet from being manipulated by other apps. Solving such cases makes Opera the most secure option for cryptocurrency and Web3 enthusiasts – which would not be possible with traditional browsers.

“As the shift to Web3 is underway, most applications are being created by small software companies, and we hope they can benefit from our technologies, experience and user base.”

Since cryptocurrency is still in its infancy, we asked Standal how the browser can respond to different types of crypto.

“Partnerships are a priority for Opera – we are pursuing an inclusive multi-channel strategy. By creating a solution that respects all ecosystems and encouraging the development of common standards and practices among developer communities, we hope to help this new field. incredible and diverse creators to realize the full potential of their technologies.

Opera Crypto web browser

(Image credit: future)

We pressed Standal on Opera’s decision to create a separate browser that focuses on cryptocurrency rather than incorporating crypto functionality into Opera or Opera GX.

“With the Crypto Browser project, we’re trying a holistic approach, giving users a specific experience they need to interact with Web3,” Standal explains. “As Web3 technologies become more advanced, we will see a strong divergence in how the browser will interact with the world – and it was important that we prepare for this.

“We believe that if you are interested in cryptocurrencies, blockchain technologies, even fun coins, you should have a dedicated space for that. If you are just starting out and just want to understand the space better, the Crypto Browser Project will be the ideal starting point.

Standal continued, “With Opera GX, we learned the power of community and how we could create a browser designed just for the needs of our awesome gaming users. With the Crypto Browser Project, we show the same care and attention to the crypto community focused on safe, easy, and intuitive access to crypto services and tools in a way that even a novice can understand.

Feel safe with crypto

There is always the course publish of Security and authenticity when it comes to bitcoins. There’s also this lingering idea that crypto goes hand in hand with gambling, especially since Bitcoin’s rise and fall in value is always in the news. We asked Standal what measures Opera has taken with this browser to ensure user safety.

“While it’s true that crypto isn’t for everyone yet, we see that millions of our browser users are already on board with crypto and Web3 is happening. We strongly believe that it is better for serious companies to participate in the space, to help users and to shape the industry rather than to avoid it”, explains Standal. “Helping our users to avoid scams is a natural part of it The Crypto Browser provides you with the Crypto Corner, which is a source of tutorials, access to influential publications and key space insights.There is also a whole host of security and privacy features such as the built-in VPN , ad blocker, secure clipboard, etc.

NFT

Another aspect of cryptocurrency is the NFT, or non-fungible token. These are digital assets, like images or videos, that are claimed to be yours alone. Opera’s crypto browser will allow you to use your wallet to purchase them. We wanted to know what the company’s position was on this process.

“These steps are described on the NFT platforms”, specifies Standal. “From our side, we make sure no one meddles with your wallet address by providing you with an integrated wallet and secure clipboard to copy and paste your wallet address and other sensitive data.”

Opera Crypto browser showing NFT

(Image credit: Opera)

The company also announced in a blog post that the crypto browser is in development for Apple devices and will be submitted to the App Store. But with features allowing users to manage their crypto wallet in a web browser, we asked Standal if Apple’s most likely response would be to reject the app, particularly if there are explicit ways to purchase. and sell crypto.

“The Opera browser for iOS already comes with an array of encryption features. The Crypto Browser project is not that different in terms of features; rather [it] builds them into a unified experience,” continues Standal. “It’s your entry point into Web3, with its applications and other solutions – as well as information on blockchain technologies. And [it’s] a safe and reliable source for where to explore next.


Analysis: Is this web browser a warning sign?

It was surprising to see Opera announce a cryptocurrency-only web browser. Given some of the negative connotations of the field, it is currently a slippery slope for any business to include all features that involve crypto and NFT content.

But Opera embarked on this endeavor by introducing an entirely new browser, as opposed to a browser feature or extension. While Standal argues that the Opera Crypto Browser can guide users through crypto wallet management, while helping them keep up with any other trends in the world of e-currencies, users would do well to use dedicated apps instead.

Companies like Coinbase offer apps that give you direct insight into your portfolio, and only your portfolio. Having a web browser that allows you to watch YouTube videos, while allowing you to track Bitcoin, may be too much for most users.

Time will tell if other browsers, such as Firefox and Microsoft Edge among others, will introduce cryptocurrency-focused features. We’d be surprised if another company went the extra mile and created a whole crypto-browser, similar to Opera.

Crypto might still be a passing fad, a story remembered at the end of the decade in a Netflix documentary. But again, if companies don’t push certain boundaries, we’ll know how far technology can go – or how practical new ideas might be for us.

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