June 7, 2023

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

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

Through the integration, Opera users can access the Elrond Standard Digital Token (ESDT), the native token issuance standard, in addition to the native EGLD token, making it a great entry point for 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 the company is aggressively pursuing a multi-chain policy, integrating Ethereum, Bitcoin, Polygon and BNB chains early. He explained:

“Our goal is to provide an understandable and secure Web3 entry point for anyone interested in crypto. This also means we provide a wallet selector feature that allows our users to choose which wallet they want to use with a specific interact with DApps.”

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

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Talking about the growing security breaches in DApps and how Opera can mitigate these risks, Yao explained:

“We provide a wallet selector feature that allows our users to choose which wallet they want to use to interact with a specific DApp. We also have a secure clipboard that allows users to copy and paste sensitive data (such as wallet addresses or bank account number) to protect their data.”

The Elrond blockchain is one of the first carbon-negative blockchains in Europe, ensuring that Opera users have access to eco-friendly solutions. The collaboration between the two Web3 platforms could set a precedent for similar integrations in the future, as concerns grow about environmental, social, and governance (ESG) issues in the crypto ecosystem.