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Hypernet Labs Scales Identify Verification and NFT Minting

3 years ago thenewstack.io
Hypernet Labs Scales Identify Verification and NFT Minting

Summary: This is a summary of an article originally published by The New Stack. Read the full original article here →

With Web3 technologies still relatively new, many developers end up building from scratch when addressing common use cases that were solved in Web 2.0 with SDKs from established third parties. Identity verification is one key area where tooling is relatively immature.

https://hypernetlabs.io/ attempts to address these challenges with their https://hypernet.id/ identity verification system and their https://mint.hypernet.io/ NFT minting and distribution platform.

Many applications are implementing a KYC flow that effectively means end users need to verify their identity with each app they interact with.

At the end of the verification process, a non-transferrable NFT is minted in the user’s wallet.

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