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Celo-Powered MiniPay: Opera’s Key To Redefining African Digital Finance

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Opera, a global web pioneer, has introduced MiniPay, a revolutionary blockchain-based wallet integrated into the Opera Mini browser, built on the Celo blockchain. This innovation aims to simplify and make affordable stablecoin transactions across Africa using mobile phone numbers, setting a new standard for consumer-grade wallets.

According to the press release, Opera collaborated with the Blockchain Foundation to create MiniPay, offering rapid, sub-cent fee wallet-to-wallet stablecoin transfers. MiniPay stands out by providing an easy onboarding process via Google credentials, making Web3 transactions accessible even to crypto newcomers.

The wallet’s automatic backup to Google Drive ensures users can recover their assets if needed. Speed, reliability, and financial inclusivity are at the core of MiniPay, making it indispensable for Africans.

MiniPay integrates seamlessly with local payment methods like Airtime, MPesa, Bank Transfer, and Cards through Opera’s local partners, providing users with easy access to their local currency. It also supports Celo’s FiatConnect standard, improving the Cash-In-Cash-Out experience globally.

Opera’s partnership with the Blockchain Foundation aligns with their shared vision of financial inclusion. With over 100 million users in Africa, Opera’s integration of MiniPay into the Opera Mini browser promises fast and transparent transactions on the blockchain, introducing users to its dApps and projects.

Jørgen Arnesen, EVP Mobile at Opera, emphasized MiniPay’s importance in addressing concerns about high fees, unreliable services, and limited transparency in financial transactions in African regions like Nigeria, Kenya, Ghana, and South Africa.

Celo’s Innovative Features at the Core

Built on the blockchain network, MiniPay capitalizes on features like sub-cent transaction fees, rapid transaction speeds, and access to Celo’s extensive dApp ecosystem, driven by protocols like SocialConnect and FiatConnect.

Rene Reinsberg, Celo Co-Founder and Celo Foundation President expressed excitement about Opera’s role in realizing Celo’s mission at scale, offering users a seamless experience and introducing them to dApps that bring meaningful benefits.

By integrating the non-custodial MiniPay wallet directly into the popular Opera Mini browser, new and existing users will access a truly seamless experience with fast, transparent transactions on the Celo blockchain and be introduced to dApps and projects built on Celo that provide meaningful benefits for people in their everyday lives––this is the ‘killer’ use case the Web3 industry has been waiting for.

Looking ahead, MiniPay will undergo technical upgrades to enhance security and scalability, maintaining low gas fees. It paves the way for more Ethereum-compatible dApps, transforming on-chain finance for community advancement across Africa.

MiniPay is set to launch for Opera Mini users in Nigeria and expand further across the continent, ushering in a new era of financial empowerment.

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Opera’s New web3 Initiative Now Supports Bitcoin, Solana, Polygon, Starkex, and Others

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As part of its “big leap towards web3,” Opera, the maker of its namesake multi-platform web browser, enabled support for eight major blockchains today. Solana, Polygon, StarkEx, Ronin, Celo, Nervos, IXO, and Bitcoin are now supported by Opera, the world’s first native web3 browser with a built-in crypto wallet.

Millions of active opera users within eight separate blockchain ecosystems may profit from blockchains, decentralized programs (dapps), and services. Users may now use StarkWare-powered DiversiFi to access the vast ecosystem of Polygon or Solana dApps and the benefits of Layer 2 DeFi. 

Today’s launch also includes access to the Polygon and StarkEx PoS blockchains and Ethereum Layer-2 ecosystems.

Axie Infinity gamers may also access the Ethereum-based Ronin Network to control their non-fungible token-based creatures, which were ironically hacked for more than $600 million.

Opera’s giant leap towards web3

Opera’s objective to stay chain agnostic and smoothly enroll millions of users to Web3 while remaining environmentally sensitive includes the integration of many blockchains, particularly Layer 2s.

“Ever since we started in the Web3 space in 2018, we’ve been sealing partnerships with the most popular and cutting edge blockchains and web3 domain name providers to accelerate crypto’s evolution from proof of concept towards mass adoption.”

“Web3 will eventually become a standard web technology, and consumers won’t even realize they’re dealing with it. They want a greater user experience and a genuine advantage, “EVP Mobile at Opera, Jorgen Arnesen, stated.

Opera released the first public beta version of their new Crypto Browser Project for mobile and desktop in mid-January 2022. The Crypto Browser Project offers the most comprehensive, all-in-one Web3 surfing experience available.

In 2018, Opera was the first online browser to incorporate a built-in bitcoin wallet and necessary Web3 compatibility.

The Crypto Browser Project, which features built-in dapp support, a non-custodial crypto wallet, and Crypto Corner, marks the beginning of a new path toward a dedicated Web3 surfing experience to accelerate the creation of the next generation of the Web. This is starting to take shape.