Tech giant Microsoft is reportedly developing an in-app crypto wallet for its Edge browser
Microsoft would test a crypto wallet integrated into its Edge browser, according to a tweet by user Albacore.
The wallet is said to be non-custodial, giving users exclusive control and built-in security features to protect against malicious addresses or apps.
The wallet aims to provide a simplified experience for interacting with Web3, the decentralized internet powered by blockchain technology.
The tweet includes screenshots of the user interface. The project is described as confidential, and testers are encouraged to provide candid feedback to help shape Microsoft’s foray into cryptocurrencies and non-fungible tokens (NFTs).
The built-in crypto wallet offers several advantages, according to the screenshots. It is non-custodial which means users have full control over their funds and Microsoft will not have access to their password and recovery key.
The fact that the wallet is integrated with Edge will make it easy to use without installing any extensions. Testers have the ability to see the impact of their feedback as the wallet is developed and improved.
The integration of one crypto wallet into another could signal increased mainstream adoption of cryptocurrencies and NFTs.
Microsoft hasn’t officially confirmed the development of the in-app crypto wallet, but if the tweet is accurate, it could be a significant step forward for the company and wider adoption of cryptocurrencies and NFTs.
Opera, another popular web browser, added an integrated wallet in December 2018.