Consideration of electronic data interchange (EDI) arrangements, blockchain, smart contracts or sector-specific laws or regulations, including those applicable to financial services, intermediation services or online auctions, is beyond the scope of this Practice Note. For an introduction to EDI and smart contracts, see Practice Notes: Digital commerce—introduction and Smart legal contracts. For guidance on blockchain, see: Blockchain—overview and Practice Note: Blockchain—key legal and regulatory issues. The type and functionality of the website The compliance requirements and applicable rules and regulations for a website will depend on the nature of the website and its functionality or purpose. As a first step, the website operator should identify the nature of the website to be offered and the proposed scope of its functionality. For example: • will the website be an ‘information only’ site? • will it be a platform for third parties to upload information or content or carry out transactions? • will it provide a service? • will it conduct transactions? • will it be targeted at consumers or businesses (or businesses providing services to consumers)? • will any aspect