The document introduces the Type Hints library in Ring, which allows adding type information to source code to help with code editing, analysis, and documentation. It provides examples of adding type hints to function prototypes and variable declarations. Supported types include basic types like int, float, string, and list, as well as object and custom user-defined types. While Ring is dynamically typed, type hints only provide documentation and don't enable type checking. The library defines common types and keywords like public, static for interoperating with type-aware tools.