On the program: cryptocurrencies and NFTs, but also metaverse and advanced security functions.
The concept of Web 3.0, which is very briefly a “new” decentralized conception of the Internet based on the blockchain, has tended to be talked about a lot lately. Some defend the concept tooth and nail while others, like Elon Musk, are much more critical. But in the meantime, the industry is seizing the case; after its special gamers browser, the Opera browser is today launching the beta of its first Web3 browser, called Crypto Browser Project (CBP).
The Norwegian firm explains that CBP takes up a concept inaugurated by the brand in 2018: a native and non-custodial cryptocurrency wallet, which can be used to manage its funds like any other dedicated service. It will also allow users to trade Bitcoins, Ethereum, and other tokens directly between users.
On the other hand, those who stick to their little habits may prefer to go through a more traditional platform. The user will not be forced to use the built-in wallet. He can replace it with a third-party wallet (Metamask, Coinbase or Binance), or even use both in addition. The browser incorporates a function that protects the user against third-party programs that would like to poke their nose into the machine’s clipboard in order to steal copied and pasted information.
Security, decentralization, and protection
As mentioned in the introduction, the other “next generation” aspect of CBP is its support for Web3 offshoots. It therefore takes up all the promises of this new paradigm: security, decentralization, and privacy protection. This includes a “powerful encryption system” based on the blockchain, even if the blog post gives very few technical details on this subject.
However, we know that the browser will retain its famous built-in free VPN, modest but very appreciable. It should also offer access to a new generation of applications all linked to very fashionable technologies; from NFT’s to cryptocurrencies passing through the metaverseOpera seems determined to pull out all the stops to establish itself as the first true Web3 browser.
A rather interesting bet, insofar as the company does not risk much with this proposal. On the other hand, if the mayonnaise takes, it could be a golden opportunity to place your pawns before everyone else. By occupying this niche which seems promising, the Norwegian firm could well explode its market share which is currently modest (1.12% according to NetMarketShare). It will be interesting to see if Opera manages to play its card thoroughly, or if its teams will be toasted by better-established giants like the essential Chrome.
