I have written before about academic courses on event processing that are typically given in computer science or information systems academic programs. Recently I came across a report on academic course in University of Illinois in Chicago, that is given in the Finance program of its business school using the OneTick product. The product is used for education in financial markets and trade simulation labs. This is a case of use of event processing to support business functions, and it will be interested to view more of it, both in trade and other business areas.
I learned today about an interesting concept of cyberspace currency called Bitcoin that is not issued by any country and not recognized by any bank that is used for trade over the Internet. Coins are created by people who use massive computing resources to do sophisticated mathematical computing that guarantees the security of the system. There are already various trading sites that accept Bitcoin, and its value is rising. There are many interesting details about the way it works, but the interesting phenomenon is that an alternative economic system is created, bypassing the regular financial systems, regulators, governments and financial institutes. As a person who dislike any establisment, I like this idea; I think that it is very interesting idea, and will keep following it.
