the crypto browser Opera announced its plans to integrate Elrond’s blockchain services for more than 300 million users. The integration would help Opera users directly access a number of decentralized applications (DApps) and other popular services through Opera’s integrated wallet.
Elrond (EGLD) is a scalable blockchain network that offers various infrastructure services for DApps, enterprise use cases, and the new internet economy.. The adaptive sharding of the state of the blockchain makes it one of the fastest and most 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 participate without relying on a third-party wallet, ensuring smooth transactions and increased security.
In an exclusive conversation with Cointelegraph, Danny Yao, senior product manager at Opera, said that the company is actively pursuing a multi-chain policy, having integrated Ethereum, bitcoin,
Polygon, and BNB Chain previously. He explained:
“Our goal is to be an understandable and secure entry point to Web3 for anyone interested in cryptocurrencies. This also means that we have provided a wallet selector feature that allows our users to choose which wallet they want to use to interact with a particular DApp.”
The Navigator Opera offers a built-in 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.
Speaking about the growing security vulnerabilities among DApps and how Opera is mitigating those risks, Yao explained:
“We have provided a wallet selection feature that allows our users to choose which wallet they want to use to interact with a particular DApp. We also have a secure clipboard, which protects our users’ data when they copy and paste sensitive data such as wallet addresses or bank account numbers.”
the blockchain Elrond is one of the first carbon-negative European blockchains, ensuring that Opera users will have access to green solutions. With a growing focus on environmental, social and governance (ESG) concerns in the cryptocurrency ecosystem, the partnership between the two Web3 platforms could set a precedent for similar integrations in the future.
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