Microsoft Teases Web3 Wallet Integration – Latest News Update

Microsoft has been working on bringing a Web3 wallet into its Edge browser. The company is rumored to be leaning towards crypto and NFT, with a full debut expected before the end of the year. In a March 17 Twitter thread, a user identified as Albacore broke the news of the update.

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The update will appeal to the crypto communities

The Twitter user shared the latest Microsoft update, noting that it is one of the company’s few questionable updates. While his thread was generally less than enthusiastic about the new update, the update could be a welcome development for the crypto community. Albacore shared images showing the interface of the built-in Web3 supported wallet in the browser. The first screenshot showed a message urging users to test the feature.

The company noted that it wants users to test the Web3-enabled wallet and provide honest feedback as they continue development. If this screenshot is anything to go by, the company will be rolling out the non-custodial wallet in the future. This means that Microsoft cannot hold onto its users’ keys and passwords. It also means that the wallet resides in the browser rather than an installable extension.

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Microsoft plans to entice more users with its new update

The other images in the thread show users would use the browser to buy and sell digital assets. The screenshot also teased a partnership with Coinbase and another party as the built-in websites where users can conduct all of their crypto-related activities. With regard to NFTs, the prompt in the browser clarified that users would be able to access various platforms to purchase digital art, which are governed and organized by the browser.

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This latest update from Microsoft should make it appeal to more users than the current user base as it seems to outperform other browsers like Chrome and Safari. Chrome is the most widely used browser, with over 60% of the market share, while Safari takes second place with only 18.7%. By comparison, Edge ranks third with just over 4% in stocks. Microsoft announced in February that users can now access ChatGPT through the Edge and Bing browsers.