Altcoins

Opera Just Took Another Step Towards Web 3.0

Over 300 million Opera users worldwide would be able to use Tron tokens within the browser. Opera, one of the major web browsers, has announced in a post on 16th May 2019, that it is working on integrating support for Tron’s TRC-standard and TRX token in its browser-based crypto wallet that the company released earlier this year.

The integration would not only allow users to use Tron tokens but also give them access to Tron games and decentralized applications like DApps within the browser, and that too without buying any third-party applications or extensions. The Norwegian company also announced plans to integrate multiple blockchains on the browser by next year. Executive Vice President of Opera Krystian Kolondra said about the partnership:

TRON is a popular, quickly developing blockchain with a swiftly growing dApp ecosystem. We are happy to open our browser to it. By opening products to multiple blockchains, we are accelerating the mainstream adoption of Web 3.0.

READ MORE: TRON to be the ‘Theranos of Crypto’: An Ugly Resignation, Fraud and Theft Allegations

Opera already supports ETH and ERC tokens on their browser. This new announcement makes Opera the first mainstream browser to offer peer-to-peer cryptocurrency payments to more than 300 million of its active customers. Opera commands a 3% share in the web browser market thanks to its secure and private web browsers for mobile and desktop. The company has also moved into the crypto and blockchain space faster than other browsers. While other browsers by Mozilla and Google are preparing to venture into Web 3.0, Opera has already created a platform dedicated to it.

Tron’s Win:

Justin Sun, CEO of Tron, has been in news recently, partly due to his very public feud with former CTO of Tron and partly due to the recent Tesla Giveaway debacle. Things were not going well for Tron but ever since the Opera news came on to the surface, things are looking well for Sun and his company. In the press release by Opera, Sun said:

We are excited that Opera, a mainstream browser with hundreds of millions of users, will now seamlessly support TRX and other TRON tokens. Soon, Opera users will be able to use DApps on the TRON blockchain.

The integration is a win for Sun and Tron, and the company has hit the jackpot with almost 300 million new potential users. Opera’s platform will expose Tron to its masses, increasing the company’s user awareness and the overall support for their tokens. Tron is not a small name in the crypto industry. However, to maintain competition with industry juggernauts like Ethereum and Binance, the company needs to increase its userbase. The cooperation between Opera and Tron is a win-win for both companies. Tron gets the exposure it needs due to Opera’s large userbase and Opera gets to integrate another blockchain for its users. The link between both the companies will result in substantial benefit for both the companies. As crypto continues to gain adoption, the audience is the key and the partnership between both the companies guarantees that for both.

Opera’s Crypto Wallet:

Opera announced a crypto wallet in its browser on April 9, 2019. The company introduced the wallet to venture into the blockchain based internet known as Web 3.0. The company launched the new wallet with the latest version of their browser Opera 60. The new wallet allows the users to make transactions within the browser. The interaction with Web 3.0 is also smooth and seamless. The Opera Wallet is packed with security and privacy features. The press release by Opera explained:

In practice, whenever they need to identify themselves to a Web 3 website or sign a transaction on the blockchain, users get a notification on their smartphone. They can confirm it in the same way they unlock their system, using, for example, facial recognition or their fingerprint

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The cryptocurrency wallet was the first attempt by any major internet browser to venture into this space. The company has integrated a VPN service within the wallet to ensure security and privacy. The VPN is supposed to protect the user data and location from any hacks that may occur in the encrypted crypto tunnel. Talking about the integration of VPN in the wallet, Executive Vice President at Opera Krystian Kolondra said:

Blockchain technologies bring the power and control back to the people. They can securely sign transactions and identify themselves to websites, without unnecessarily oversharing their data.

READ MORE: The ALS Association & TRON Partner Up to Track Donations Via Blockchain

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Shahzaib Zafar

Electrical Engineer, Crypto enthusiast, a tech nerd and a developer with a keen interest in blockchain, writes daily articles about bitcoin and cryptocurrencies for blockpublisher.

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