Microsoft, one of the largest software companies in the world, is reportedly working on integrating a crypto and non-fungible token (NFT) friendly Web3 wallet into its Edge web browser.
This news has been shared by software documenter Albacore, who tweeted a series of supposed Edge user interface (UI) screenshots showing the early stages of the firm’s new Web3 wallet.
According to the screenshots shared by Albacore, the built-in crypto wallet in Microsoft Edge will offer several advantages to users. It is non-custodial, meaning users have complete control over their funds and Microsoft will not have access to their password and recovery key. This could make it a safer option for storing cryptocurrencies and NFTs.
Additionally, the fact that the wallet is embedded in Edge will make it easy to use without installing any extensions. This could make it more convenient for people to use cryptocurrencies and NFTs in their daily lives. Testers have also been encouraged to provide candid feedback to help shape Microsoft’s foray into cryptocurrencies and NFTs.
However, not everyone is thrilled about this development. Albacore himself has expressed some reservations about having a crypto wallet baked into the default browser. Others have also expressed concerns about potential security risks and the integration of cryptocurrencies into mainstream technology.
Despite these concerns, the integration of a crypto wallet into a major web browser like Edge could signal increased mainstream adoption of cryptocurrencies and NFTs. It could also make it easier for people to get started with these technologies, which could ultimately help drive innovation and growth in the crypto space.
Overall, it remains to be seen how successful Microsoft’s foray into cryptocurrencies and NFTs will be. However, the fact that the company is exploring these technologies is a clear sign that they are becoming more mainstream and could play a significant role in the future of finance and technology.
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This article was republished from azcoinnews.com
