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Jobless in Pa. livid over new unemployment system errors as state declares victory

Jobless in Pa. livid over new unemployment system errors as state declares victory

pennlivepennlive09 Jun 2021 | 09:15 am
A long-delayed upgrade of Pennsylvania’s computer system for unemployment benefits made a glitch-filled debut on Tuesday, frustrating some jobless workers and confirming the concerns of critics who feared the new system would buckle under the heavy, pandemic-fueled demand. Within the first 12 hours of the launch, more than 62,000 Pennsylvanians had filed claims and the Department of Labor & Industry deemed the system a success.
Built to Last

Built to Last

Logic MagazineLogic Magazine10 May 2021 | 09:52 am
When unemployment insurance systems malfunctioned during the COVID-19 pandemic, governments blamed COBOL, a programming language that originated in the late 1950s. At least a dozen state unemployment systems still run on the language, including ones that help administer funds of a billion dollars or more in California, Colorado, and New Jersey. Many computerized government and business processes around the world are actively written in COB
States continue tinkering with their unemployment systems | StateScoop

States continue tinkering with their unemployment systems | StateScoop

StateScoopStateScoop23 Apr 2021 | 16:36 pm
Many states are still struggling to address lagging unemployment systems that left thousands of Americans without easily accessible benefits after the coronavirus pandemic. The onset of the pandemic saw nearly every state reckon with massive increases in unemployment claims almost overnight, and additional federal unemployment assistance further strained legacy computer systems. Florida lawmakers passed a bill this week that would migrate the state’s unemployment portal to the cloud, ensuring it can be scaled up or down to meet demand.
A brief history of network connectivity: Connected mainframes

A brief history of network connectivity: Connected mainframes

Enable ArchitectEnable Architect22 Dec 2020 | 21:32 pm
IBM, the world's largest IT company, was founded in 1911 as the Computing-Tabulating-Recording Company (CTR). The predecessor companies that eventually amalgamated into IBM manufactured a variety of devices that allowed a clerk to determine an item's price according to its weight. IBM was the first to become a leader in the field of mainframe computing, but it did not invent the mainframe computer.
Progress Report: Breaking down our audit report

Progress Report: Breaking down our audit report

MediumMedium22 Dec 2020 | 17:02 pm
DeFi’s audit report on the use of decimals within the ERC-20 spec and within our protocol, flash loans and how they may impact us, and the elevated admin privileges that our multi-sig will have has been released. Quantstamp provided feedback around the potential misuse of the Decimals property and the assumption that this property will remain constant for both underlying and collateral tokens.
Solidity Smart Contract Engineer at Mainframe

Solidity Smart Contract Engineer at Mainframe

Cryptocurrency JobsCryptocurrency Jobs19 Dec 2020 | 03:51 am
Mainframe is looking for an experienced smart contract engineer to help us build the next generation of the Mainframe Lending Protocol. The engineer will be responsible for implementing and designing smart contracts that integrate with other DeFi protocols, like AAVE, Balancer, Compound, mStable, and Uniswap.
Compound’s DAI liquidation event and it’s impact on Mainframe

Compound’s DAI liquidation event and it’s impact on Mainframe

MediumMedium08 Dec 2020 | 17:02 pm
Two weeks ago, DAI traded as high as $1.30 on Coinbase Pro. Compound will launch with support for Wrapped Bitcoin (WBTC) as its initial collateral type and USDC as its target asset. The project is expected to launch in January 2021.
Top 5 architectural challenges for modern mainframe computing

Top 5 architectural challenges for modern mainframe computing

Enable ArchitectEnable Architect03 Dec 2020 | 17:25 pm
Mainframes are a powerful yet underappreciated asset in today's enterprise architecture, according to experts in mainframe technology. A single mainframe installation can handle 2.5 billion transactions daily, which is the equivalent of 100 Cyber Mondays! The applications that run on mainframes are only as good as the development lifecycle process under which the software is created, experts said.
Progress Report: Security Audit — Round One

Progress Report: Security Audit — Round One

MediumMedium24 Nov 2020 | 16:52 pm
Mainframe has added two engineers to the team to handle front-end development and our liquidation bots. The interface is out of the design phase and is currently being implemented. Shortly we expect to begin a round of private beta testing. To join our private beta, head to our Discord server.
IBM to split into two companies by the end of 2021

IBM to split into two companies by the end of 2021

Ars TechnicaArs Technica08 Oct 2020 | 15:58 pm
IBM announced on Tuesday that it would be spinning off some of its lower-margin lines of business into a new company and focusing on higher-margin cloud services. CEO Arvind Krishna acknowledged that the move was a "significant shift" in how IBM will work, but he positioned it as the latest in a decades-long series of strategic divestments.
IBM to break up 109-year old company to focus on cloud growth

IBM to break up 109-year old company to focus on cloud growth

ReutersReuters08 Oct 2020 | 11:02 am
World's first big computing firm, IBM, is splitting itself into two public companies, capping a years-long effort to diversify away from its legacy businesses to focus on high-margin cloud computing. IBM will list its IT infrastructure services unit, which provides technical support for 4,600 clients in 115 countries, as a separate company with a new name by 2021.
Stable vs. fixed-rate lending

Stable vs. fixed-rate lending

MediumMedium29 Sep 2020 | 15:52 pm
AAVE’s stable-rate product allows borrowers to pay a premium in exchange for their loan to have less interest rate volatility. It allows users to accept a higher interest rate at origination that most likely won’t change in response to fluctuations in demand for the borrowed asset. However, if there is a crash, AAVE's fixed-rate will probably change.
Rapid Containers: Improving zCX Runtime Performance

Rapid Containers: Improving zCX Runtime Performance

29 Sep 2020 | 11:41 am
Reducing zCX processing contention and switching between GCPs and zIIPs. Allowing Linux to use vector instructions. Speeding up network communications. Increasing the hardware page frame size to 2G or 1M. Consider both in-place and cross-system restarts.
What is Parallel Sysplex® and Why Should I Care?

What is Parallel Sysplex® and Why Should I Care?

MediumMedium31 Aug 2020 | 16:50 pm
In a recent article, Frank Degilio and Barb Leinberger have described how Parallel Sysplex, a clustering solution that is fundamentally different from the clustering models in the non-mainframe world, can simplify the solution of certain business problems. The article will describe how using this technology can solve some problems that are complex in the Linux, Unix and Windows (distributed) world.