Yes, hypnosis would be an excellent state for giving yourself suggestions, or having someone else give your suggesitons, that you are going to remember to become aware in your dreams or do reality checks while in your dreams.

Since with hypnosis the conscious mind is by passed, suggestions could be planted easier in the subconscious mind where dreams come from, which would be very effective in helping to dream lucidly.

You could achieve the same benefits by achieving a very deep state of meditation which is basically what hpnosis is, and giving yourself the suggestions you wish while in this state.

But if you have someone else helping you with hypnosis who knows what they are doing, they would be able to take you into a much deeper state than you would be able to achieve on your own, where the suggestions they gave you would even be more effective.
This of course would need to be someone you are close to and trust completely as you would be opening up your subconscious mind to them to manipulate.