Re:Nubank acquires Cognitect
by dgb23 on Thursday July 23, 2020 @09:46AM
(#23927293)
Functional languages and databases seem to be a natural fit.
Given you have a basic grasp of bookkeeping, accounting and financial statements: Would you rather program these things in a functional or imperative language? Would you rather store the transactions in a accreting, value oriented database or one that has no inherent notion of these concepts?
Or more generally, if your application has a temporal reporting feature, then you need to be able to ask questions like: "What were these values at date X and what are they going to be at Y?" etc.
Given you have a basic grasp of bookkeeping, accounting and financial statements: Would you rather program these things in a functional or imperative language? Would you rather store the transactions in a accreting, value oriented database or one that has no inherent notion of these concepts?
Or more generally, if your application has a temporal reporting feature, then you need to be able to ask questions like: "What were these values at date X and what are they going to be at Y?" etc.