THE DAILY ENCRYPT

September 25, 2022

Opera’s Crypto Web Browser Partners With Elrond Blockchain For Further Adoption

Elrond, one of the first European carbon-negative blockchains, will be integrated with Opera to allow millions of users to gain access to the Web3 ecosystem....
black flat screen monitor on table
Photo by Panos Sakalakis

Elrond, one of the first European carbon-negative blockchains, will be integrated with Opera to allow millions of users to gain access to the Web3 ecosystem.

Web3 crypto browser Opera plans to integrate Elrond Blockchain services for more than 300 million users. Opera users would be able to access a variety of popular decentralized apps (DApps), and other services directly through the integrated Opera wallet.

Elrond (EGLD), a scalable blockchain network, offers infrastructure services for DApps and enterprise use cases. It is one of the most efficient and fastest networks due to its adaptive state sharding.

Opera users can use Elrond tokens without the need of a third party wallet

Opera users will now have access to the Elrond Standard Digital Tokens (ESDT), a native token issuance standard. It is also compatible with native EGLD tokens. This integration makes Opera a great entry point to Web3. 

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The integration will allow users to participate without the need for a third party wallet. This ensures seamless transactions and increased security.

In an exclusive interview with Cointelegraph Danny Yao, senior product manger at Opera, stated that Opera is actively following a multi-chain strategy. The company has already integrated Ethereum, Bitcoin and Polygon. He explained:

“Our goal is to provide an easy-to-understand and secure way to access Web3 for everyone interested in crypto. We have also provided a wallet selection feature to allow our users to choose the wallet they wish to use to interact directly with a specific DApp.

Opera browser comes with a crypto wallet pre-installed

Opera browser has an integrated, non-custodial cryptocurrency wallet. This makes it a great entry point for millions of users who can access multiple blockchain ecosystems through one point.

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Yao spoke about security flaws in DApps, and how Opera is reducing those risks.

“We offer a wallet selection feature which allows our users to choose the wallet they wish to use to interact directly with a specific DApp. Secure clipboard protects our users’ data when they copy-paste sensitive information such as bank account numbers or wallet addresses.
Elrond is the first European blockchain to be carbon-negative. This will ensure that Opera users have eco-friendly options. The partnership between the Web3 platforms could be a model for future integrations, as there is a growing focus in crypto on sustainability, governance, and social issues (ESG).

Elena Argyros

Elena Argyros

Elena is cryptocurrency writer / journalist based in Europe. She has extensive knowledge in the crypto space and is a solidity programmer by trade. Elena has built an extensive resume working with some of the most ground breaking blockchain firms. Being in Europe, Elena has amassed a large network of professionals in the space and states "The technology behind blockchain is going to impact everyone on earth in a good way, once you get to understand it".
Elena Argyros

Elena Argyros

Elena is cryptocurrency writer / journalist based in Europe. She has extensive knowledge in the crypto space and is a solidity programmer by trade. Elena has built an extensive resume working with some of the most ground breaking blockchain firms. Being in Europe, Elena has amassed a large network of professionals in the space and states "The technology behind blockchain is going to impact everyone on earth in a good way, once you get to understand it".

© 2022 The Daily Encrypt. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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