COBOL - Common Business-Oriented Language - was born in the 1950s to handle business data, and it still does so admirably. Though sometimes called a "dinosaur language," COBOL is far from extinct. It runs vast amounts of code in banks, insurance companies and government systems worldwide. Estimates put hundreds of billions of lines of COBOL still in production today.
The language is known for its English-like syntax, making it readable even for non-programmers - like writing business logic in full sentences. COBOL excels in transaction-intensive systems where stability and precision are paramount. While it’s mature, the language has been modernized with object-oriented features and integrations with contemporary technologies.
So next time you withdraw cash or receive payroll, consider that COBOL could very well be working behind the scenes. It may not be flashy, but it delivers reliability at scale.