- Tech titan, Microsoft is rumored to be working on a new feature that will allow users to send, receive, and store cryptocurrencies.
- By integrating a crypto wallet, Microsoft is sending a clear message that it sees the potential for cryptocurrency to play a more significant role in the future of digital finance.
Microsoft Tests Built-in Ethereum Crypto Wallet in Edge Browser
Microsoft is experimenting with a built-in non-custodial crypto wallet in its Edge browser. The wallet would allow users to store, receive, and send cryptocurrencies and non-fungible tokens (NFTs).
According to screenshots shared by software researcher Albacore, the wallet is currently in the early stages of development. However, it already includes a user interface for a cryptocurrency wallet, a decentralized application (DApp) explorer, a news feed, and the ability to buy cryptocurrency through Coinbase and MoonPay.
The wallet is non-custodial, meaning that users have full control of their private keys. This means that Microsoft does not have access to users’ funds, which is a major security benefit.
The wallet is integrated into Edge’s wallet feature for storing payment cards. Users will also be able to access crypto funds and price trends after signing up.
This move by Microsoft is a significant step towards the mainstream adoption of cryptocurrency. By making it easier for users to manage their digital assets, Microsoft is helping to remove one of the biggest barriers to entry for cryptocurrency adoption.
The integration of a crypto wallet feature into one of Microsoft’s flagship products is also a sign that the company sees the potential for cryptocurrency to play a more significant role in the future of digital finance.
Here are some of the benefits of Microsoft’s built-in crypto wallet:
- Non-custodial: Users have full control of their private keys.
- Easy to use: The wallet is integrated into Edge’s existing wallet feature.
- Secure: The wallet uses industry-standard security measures.
- Convenient: Users can buy cryptocurrency directly through the wallet.
The launch of Microsoft’s built-in crypto wallet is a significant development for the cryptocurrency industry. It makes it easier for everyday users to get started with cryptocurrency, which could help to drive mainstream adoption.