Hypernet Labs is the creator of the Hypernet Protocol, a platform and ecosystem that is helping to drive the tech industry's transition from Web 2 to Web 3. Hypernet Labs is also developing applications on top of the Protocol, such as the Galileo cloud services marketplace and Hypernet.ID. Galileo allows buyers and sellers to transact using crypto payments, which can coexist with other payment methods in a traditional payment system. Hypernet.ID is a secure and reusable digital passport to the world of Web 3 technology, contained in a non-transferable NFT that allows third-party services to know that the user has completed identity and Know Your Customer checks.