Web3 crypto browser Opera announced plans to integrate Elrond blockchain services for over 300 million users. The integration will help Opera users access decentralized applications (dApps) and other popular services directly through the unified Opera Wallet.
Elrond (EGLD) is a scalable blockchain network that provides various infrastructure services for DApps, enterprise use cases, and the new Internet economy. The adaptive state of the blockchain makes sharding one of the fastest and more efficient networks.
With the integration, Opera users will have the Elrond Standard Digital Token (ESDT), a native token issuance standard, in addition to the native EGLD token, making it a great entry point to Web3. Users will be able to participate without relying on third party wallets, ensuring seamless transactions and added security.
In an exclusive conversation with Cointelegraph, Opera Senior Product Manager Danny Yao said that the company is actively pursuing a multi-chain policy, integrating Ethereum, Bitcoin, Polygon and BNB Chain first. he explained:
“We aim to be an understandable and secure entry point to Web3 for anyone interested in crypto. This also means that we have provided a wallet selector feature that lets our users choose which one to use. Which wallet do they want to use to interact with a particular dApp?
Opera browser offers an integrated non-custodial crypto wallet, making it a suitable entry point for millions of users who can 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 those risks, Yao explained:
“We have provided a wallet selector feature that lets our users choose which wallet they want to use to interact with a particular dApp. We also have a secure clipboard, which stores our user’s data. Protects as they copy-paste sensitive data such as wallet addresses or bank account numbers.”
The Elrond blockchain is one of the first European carbon-negative blockchains, ensuring Opera users will have access to eco-friendly solutions. With the increasing 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 integration in the future.