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Opera was founded in 1996 and today provides browsers and AI-based content delivery solutions to over 320 million people worldwide.
The company is now officially entering the crypto world with a new cryptographic portfolio with Ethereum integrations integrated into the existing browser.
ConsenSys Media recently interviewed Charles Hamel, product manager of Opera Crypto, and discussed their entry into the cryptographic ecosystem.
Opera Crypto debut
The Opera browser now includes a native cryptographic portfolio integrated into Ethereum, which provides users with a new way to store cryptocurrencies.
The native portfolio comes with a one-touch process for sending and receiving encrypted files instantly.
It also opens up the new world of web3 to Opera browser users, allowing them to explore decentralized applications.
Because it is embedded in the browser, it removes the need to install separate cryptographic plug-ins or extensions.
Opera is a pioneer of web3 for mainstream browsers and Hamel believes it is exciting for developers who can move from APIs to smart contracts.
In the interview he said:
"Web3 is a new level of trust that allows people to identify themselves independently, facilitate payments and transfer of value between people and enable new applications that are not native to the Web."
However, he also thinks that the problems with overall design and usability for accessibility are barriers to traditional web adoption3.
With Opera, you can automatically detect dApps, you can find ERC20 tokens and access a user's digital objects.
In addition, Opera allows the use of the biometric lock of an Android phone to sign transactions rather than PINs and passwords.
He also noted that Opera's cryptographic product helps users overcome the mental burden of using new technologies.
People are already familiar with Opera and with browsers, so they can use the native wallet application without too much additional work and access the new web.
Opera's focus on Android, Ethereum and emerging markets
Opera's cryptographic offers have been made available on Android phones because Android holds a more dominant position than any other mobile operating system in many regions.
Halem also said that it is easier to build alternative browsers for Android because of the inclination of iOS to Safari. However, they will adopt the iOS platform at some point.
Opera chooses the Ethereum blockchain because of the tools of the developer community and because the blockchain already has utility in open finance.
Halem said Ethereum is also the best platform for smart contracts, making it the first choice of Opera for cryptographic integration.
Opera collaborates with Infura and Airswap – both ConsenSys companies to link web2 with web3.
Halem added that Opera has the potential to have a greater impact on emerging markets where existing systems may not exist.
Cryptocurrencies can offer faster and more flexible solutions for value transfer and sovereign identification in these markets.
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