RChain is a brand new blockchain platform derived from a decentralized, parallel computing model based on formal verification. The RChain Partnership leverages this model to develop a concurrent, composable, infinitely scalable blockchain. Aiming to be an industrial-scale blockchain solution, RChain must provide content delivery at the scale of Facebook and support transactions at the speed of Visa. The RChain platform is a transformation of blockchain technology to user empowerment. On the RChain platform, smart contracts are concurrent and formally verified by the compiler, so they are fast, versatile and secure. These contracts are written in RhoLang, a strongly typed, concurrent, and auto-construction-correct programming language that is truly suitable for blockchain smart contracts. RhoLang contracts run on the Rho Virtual Machine (RhoVM). RhoVM is a concurrent execution engine that allows users' applications to achieve unprecedented speed and scalability.
RHOC is a token issued through ERC20. After the RChain mainnet is launched, the RHOC held can be converted into REV tokens at a ratio of 1:1.