Opera is the 5th largest browser in the world with around 300 million users on monthly basis. Earlier this week, they made headlines in crypto world with their launch of a native Web 3 interface for the desktop version of their browser.
The two companies are planning to explore further applications and use-cases of the blockchain technology as well as growth opportunities that could be applied to Opera products.
We are excited to work with an innovator and industry leader like Opera,” said Ding’an Fei, Managing Partner at Ledger Capital. “Opera has already taken the lead among the major browsers, with the integration of the innovative crypto wallet and investments from other leading crypto companies like Bitmain. We are looking forward to exploring the next steps in how Opera will leverage its massive ecosystem and technical competencies to create exponential value for its user base and the greater blockchain space.
Opera is partly owned by Bitmain, biggest producer of mining equipment in the world, which acquired 3% of Opera ownership for $50 million earlier this year.
Opera is obviously very found of blockchain space and is working on developing a cryptocurrency wallet that is built into its Android browser, which is in open beta phase since July. Last month, it added a feature that lets users send crypto collectibles, such as CryptoKitties, directly from the wallet.
Ledger Capital has been providing strategic, technological and financial advisory services to various blockchain infrastructures, decentralized applications, multinational corporations and to government-backed projects and initiatives.
Even though this year was a tough one price-wise for all crypto enthusiasts, news like this are a big confidence booster. Crypto is not a fringe tech anymore and established names from both finance and tech world are done testing the waters and plan to go for a serious dive in the crypto depths.
As the Opera officially stated it themselves:
“The past 18 months have brought tremendous activity and new ideas around cryptocurrencies, tokens, decentralized apps and how they all play a role in the vision for Web 3.0. More and more developers are interested in building apps that use cryptocurrencies and want to use decentralized networks for some of their app’s functionality. Unfortunately, there are currently many challenges to reach wider adoption. These barriers range from users’ understanding of new terminology, to difficulties in acquiring cryptocurrency and to complicated installation procedures. People are more likely to adopt new solutions if they are user-friendly and seamless and this is what we are aiming to solve. We are hoping that by integrating Web 3 alongside the current web will make the technology more mainstream.”
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