The document discusses the implementation of a virtual machine for regular expressions, highlighting the need for token-level rules rather than character-level rules found in existing libraries. It presents various methods of regex engine implementation, including backtracking, full FSM unrolling, and dynamic FSM unrolling, emphasizing their complexity and runtime efficiency. The TrexVM is introduced as a solution that utilizes multi-threading to execute regex operations in a more efficient manner by processing tokens step by step.