RicheCoin operates without a central authority or banks thanks to peer-to-peer technology; the network manages transactions and issues richecoins collectively. RicheCoin is open-source, which means that no one owns or controls it, and anybody can participate. RicheCoins's many unique qualities enable it to be used in ways that no other payment system has been able to.
RicheCoin is much more than just sending money. It offers a lot of features and opens up a lot of possibilities for the community to explore. Here are a few of the technologies that are currently being studied and, in some cases, converted into actual products and services. The most exciting applications of RicheCoin are most likely still to be discovered.
