Microsoft Edge users may have access to a crypto wallet feature, according to an image shared on Twitter. The leak shows the potential integration of wallets for cryptocurrencies directly in popular web browsers.
While Microsoft has yet to confirm the feature, speculation is already swirling about the potential impact it could have on the growing digital asset market.
Microsoft Edge Crypto Features ‘Baked In’ For New Release
Software documentaries and occasional data leaks Albacore has posted what appear to be early images of the company new Web3 wallet user interface (UI) on Twitter.
A cryptocurrency wallet, an explorer for decentralized applications, a news feed, and the option to buy cryptocurrency using Coinbase and MoonPay are all featured in the image provided by Albacore. Newer versions of Microsoft Edge have the feature “already baked in,” but users can’t see it or use it because it’s hidden.
The picture also shows you can exchange, send, and buy crypto assets. Crypto exchange Coinbase and Web3 infrastructure company MoonPay are presented as “an integrated platform that helps you buy and deposit crypto into your wallet.”
The latest in Microsoft Edge’s upcoming feature challenge, crypto wallet 💸
Not sure how to feel about this type of thing baked into the default browser, what do you think?
More pictures of the UI in the next tweet ➡️ pic.twitter.com/GAUPiZGLIY– Albacore (@thebookisclosed) March 17, 2023
If confirmed, the Microsoft Edge wallet will be embedded in Edge instead of a separately installed browser plugin, and will not be a custodian because Microsoft does not have access to the wallet password or recovery key.
However, Albacore insists that many of the things Microsoft develops and tests will never leave the lab.
Microsoft’s Foray Into Web3
Microsoft has make a step in the world of Web3the next evolution of the internet that aims to decentralize data and give users more control over their online experience.
One of Microsoft’s main initiatives in this space is the development of a decentralized identity system (DID), which allows users to create and manage their own digital identities without relying on a centralized authority.
This system uses blockchain technology, which provides a secure and transparent way to store and manage data. With a DID system, users can control their personal information and choose how and when to share it with others.
In addition to the work on decentralized identity, Microsoft has also explored the potential of blockchain in other areas.
Crypto total market cap at a little over $1 trillion on the weekend chart at TradingView.com
The company has launched several blockchain-based tools and services, including Azure Blockchain Workbench, which helps developers build and deploy blockchain applications, and Azure Blockchain Token, which allows businesses to create and manage their own digital assets.
Image: BusinessWorld Online
Microsoft’s plan to improve Edge’s capabilities represents a new effort to catch up with rivals in the web browser market.
While Edge is not yet as popular as Chrome or Safari, Microsoft is taking steps to improve its features and offerings.
-Image shown from Bleeping Computer