Web3 crypto browser Opera announced plans to integrate Elrond blockchain services for over 300 million users. The integration would help Opera users directly access a host of decentralized applications (DApps) and other popular services through the integrated Opera wallet.
Elrond is a scalable blockchain network that offers various infrastructure services for DApps, enterprise use cases and the new internet economy. The blockchain’s adaptive state sharding makes it one of the fastest and more efficient networks.
With the integration, Opera users will have access to the Elrond Standard Digital Token (ESDT), a native token issuance standard, in addition to the native EGLD tokens, making it a great entry point for Web3. Users will be able to take part without relying on a third-party wallet, ensuring seamless transactions and added security.
In an exclusive conversation with Cointelegraph, Danny Yao, senior product manager at Opera, said that the company is actively pursuing a multichain policy, having integrated Ethereum, Bitcoin, Polygon, and BNB Chain earlier. He explained:
“Our aim is to be an understandable and secure entry point to Web3 for anyone interested in crypto. This also means we have provided a wallet selector feature that lets our users choose which wallet they want to use to interact with a particular DApp.”
Opera browser offers an integrated noncustodial crypto wallet, making it an apt entry point for millions of users that can access multiple blockchain ecosystems from this single entry point.
Talking 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, safeguarding our user’s data as they copy-paste sensitive data such as wallet addresses or bank account numbers.”
Elrond blockchain is one of the first European carbon-negative blockchains, ensuring Opera users will have access to eco-friendly solutions. With a growing focus on environmental, social and governance concerns in the crypto ecosystem, the partnership between the two Web3 platforms could set a precedent for similar integrations in the future.
Author: Prashant Jha