Press reports have surfaced that Microsoft is testing a crypto wallet built into its Edge browser, according to a tweet by Twitter user “Albacore.”
According to press reports, the wallet is unrestricted, giving users exclusive control and integrated security features to protect against malicious addresses or applications.
The wallet aims to provide a simplified experience for interacting with Web 3, 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 a crypto wallet on Microsoft's browser that will support cryptocurrencies and non-fungible tokens (NFTs).
The built-in crypto wallet offers several advantages, according to the screenshots.
The images show that the wallet is decentralized, which means that users have complete control over their funds, and Microsoft will not have access to the password and recovery key.
The fact that the wallet is built into Edge will make it easy to use without installing any extensions.
Testers have the opportunity to see the impact of their feedback as the portfolio develops and improves.
Microsoft's adoption of the crypto wallet may signal increased mainstream adoption of cryptocurrencies and NFTs.
Microsoft has not officially confirmed the development of the combined crypto wallet, but if the tweet is accurate and correct, it could be a significant step forward for the company and broader adoption of cryptocurrencies and NFTs.
For your information, Opera, another popular web browser, added a built-in crypto wallet in December 2018.