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Microsoft Working On Integrating Crypto Wallet Feature To Edge 

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Microsoft Working On Integrating Crypto Wallet Feature To Edge 
20 Mar 2023
5 min read

News Synopsis

According to reports, Microsoft is working on adding a Crypto Wallet feature into its Edge browser, which will allow users to store, send, and receive crypto funds, as well as store NFTs.

According to 'Windows Central,' the new Crypto Wallet feature, which was initially identified by a Twitter user, looks to be still in development, with references to Microsoft internal testing.

The wallet is not custodial and is immediately incorporated into Edge's current wallet feature for storing payment cards. According to the report, it is password-protected and has a trusted recovery procedure if users ever forget their password.

Users will have access to all of their assets after signing up, including crypto money, price trends, and the ability to transfer and receive crypto using recognized addresses and names.

Likewise, Microsoft will soon speed MFA adoption for its 365 Cloud productivity platform by adding MFA features to the Outlook email client.

Users will be able to fulfill MFA requests for Microsoft 365 apps right in the Outlook app, with the help of a new feature dubbed Authenticator Lite, according to a new Microsoft 365 roadmap entry.

Authenticator Lite may be used to provide an extra level of security to Outlook logins for work or school. The wallet is non-custodial and works in conjunction with Edge's current wallet feature for storing payment cards.

To safeguard their assets, testers are prompted to create a password and a 12-word recovery phrase during the onboarding process. This means the user's crypto assets will be protected by a password and a reliable recovery procedure.

During the onboarding process, the wallet will create an Ethereum address for users to receive funds over the Ethereum network, according to Bleeping Computer. Users can have numerous Ethereum accounts and switch between them as needed.

Furthermore, the tech behemoth has partnered with Consensys, a blockchain software technology firm, to provide a built-in cryptocurrency exchange capability between Ethereum, Dai Stablecoin, Uniswap, USD Coin, and Tether Coin.

Important News and Blog Tags for Readers

Edge's current wallet feature

Send and receive crypto funds

365 Cloud productivity platform
MFA features to the Outlook email client

Blockchain software technology

 

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