In the modern era dominated by elegant languages like Python and C++, COBOL, once a star, is now the 22nd most popular language. This language, on which 43% of all banking systems are built, plays an important role and the US banking industry clings to it as a lifeline; 95% of ATMs in the country “dance to the tune” of COBOL. But this digital relic is in danger of extinction as fewer programmers can decipher its rigorous syntax.
IBM offers a bold solution: Watsonx Code Assistant. This AI-powered tool converts COBOL to Java, paving the way for further modernization.
Is the end of COBOL’s reign nearing, or will this coding dinosaur continue writing financial epics? Time will show us
Source: Ferra
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