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Opera browser integrates Elrond blockchain services to support Web3 adoption

by SuperiorInvest

Web3 crypto browser Opera has announced plans to integrate Elrond blockchain services for more than 300 million users. The integration would help Opera users directly access a number of decentralized applications (DApps) and other popular services through the integrated Opera wallet.

Elrond (EGLD) is a scalable blockchain network that offers various infrastructure services for DApps, enterprise use cases and the new internet economy. Blockchain’s adaptive state sharing makes it one of the fastest and most efficient networks.

With the integration, Opera users will have access to the Elrond Standard Digital Token (ESDT), the native token issuance standard, in addition to the native EGLD tokens, making it a great entry point for Web3. Users will be able to participate without relying on a third-party wallet, ensuring seamless transactions and greater security.

In an exclusive interview with Cointelegraph, Danny Yao, a senior product manager at Opera, said that the company is actively pursuing a multi-chain policy, has integrated Ethereum, Bitcoin, Polygonand BNB chain previously. He explained:

“Our goal is to be an easy-to-understand and secure entry point to Web3 for anyone interested in cryptocurrencies. This also means that we have provided a wallet selection feature that allows our users to choose which wallet they want to use to interact with a particular DApp.”

The Opera browser offers an integrated non-deposit crypto wallet, making it a convenient entry point for millions of users to access multiple blockchain ecosystems from this single entry point.

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Speaking about the growing security vulnerabilities among DApps and how Opera is mitigating these risks, Yao explained:

“We have provided a wallet selection feature that allows our users to choose which wallet they want to use to interact with a particular DApp. We also have a secure box to protect our users’ data when copying and pasting sensitive data such as wallet addresses or bank account numbers.”

The Elrond blockchain is one of the first European carbon-negative blockchains, providing Opera users with access to green solutions. With the growing focus on environmental, social and governance (ESG) concerns in the crypto ecosystem, the partnership between the two Web3 platforms could set a precedent for similar integrations in the future.

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