STEP-1 Define the project scope and budget

• Define what is included and excluded from the project scope.
• Develop a budget for the project based on the identified scope.
• Identify any risks associated with the project scope and budget.
• Mitigate risks by incorporating them into the project plan.
• Communicate the project scope and budget to all stakeholders.

STEP-2 Research and identify potential vendors

• Define the scope of your research and identify your objectives.
• Identify potential vendors in the Blockchain in Digital Identity space.
• Research the offerings of each vendor and identify the one that best meets your needs.
• Evaluate the feasibility of implementing a Blockchain in Digital Identity solution within your organization.
• Plan and execute a pilot project to test the viability of the solution.

STEP-3 Request proposals from vendors

• Define your requirements: Before you request proposals from vendors, you need to have a clear understanding of your organization's requirements for a digital identity solution.
• Consider your budget: When evaluating proposals from vendors, be sure to consider the total cost of ownership, not just the upfront costs.
• Compare apples to apples: Be sure to compare proposals from vendors that are offering similar solutions.
• Check references: Be sure to check references for each vendor you are considering.
• Make your decision: Once you have evaluated all the proposals, it's time to make a decision and choose the vendor that best meets your organization's needs.

STEP-4 Evaluate proposals and select a vendor

• Define the criteria for selection and evaluation.
• Understand the different types of vendors and their capabilities.
• Review the proposals and select the vendor that is the best fit for your needs.
• Consider the costs and benefits of each proposal.
• Make sure to get references and check them before selecting a vendor.

STEP-5 Negotiate the terms of the project

• Define the scope of the project and what is to be delivered.
• Outline the timeline for the project.
• Discuss the budget for the project.
• Agree on who will have access to the data and how it will be used.
• Decide on the format of the data and how it will be delivered.

STEP-6 Sign the contract and begin the project

• A digital identity can be thought of as a online representation of an individual, organisation or object.
• A digital identity can be verified and authenticated by a third party, such as a government or an online service provider.
• A digital identity can be used to access online services, such as banking or healthcare.
• A digital identity can be stolen or compromised, and this can lead to identity theft or fraud.
• It is important to take steps to protect your digital identity, such as using strong passwords and keeping your personal information private.