Opera Partners With Ledger Capital to Explore Blockchain Applications

Opera has partnered with blockchain advisory and financial services firm Ledger Capital to explore possible blockchain applications, according to a press release published September 28.

Per the announcement, the two companies are looking to investigate applications and use cases of blockchain and how the technology can be deployed within Opera products and its ecosystem.

As previously reported, Opera became the first major web browser that included a built-in cryptocurrency wallet.

Commenting on the initiative, Charles Hamel, Product Lead of Opera's crypto wallet, said that "Paying with the crypto wallet is like sending digital cash straight from your phone This opens up new possibilities for merchants and content creators alike."

This month, Opera launched a "Labs" special edition of its desktop web browser with built-in crypto wallet, where the new edition will enable users to authenticate Web 3.0 and decentralized application transactions made on their computer using their Android phone.

"Labs" reportedly is fully interoperable with the mobile crypto wallet.

In December last year, Opera included anti-crypto mining in their integrated ad-blocker for its desktop browser, subsequently expanding it to its mobile browser as well.

Last month, another major web browser, Firefox, announced it will block cryptojacking malware in its future versions.

In 2017, the company reportedly generated operating revenue of $128.9 million and net income of $6.1 million, while its user base amounted to 322 million people worldwide in the first quarter of 2018.

In June 2018, Opera filed for an Initial Public Offering in the U.S., looking to raise up to $115 million.