Oh absolutely, but what you're talking about there, people do with CICS today, and that's even older than the 80s. CICS is a technology I have a lot of respect for.
But my point is - when I need to use something like that, I know that's what I'm using. I don't imagine that it's some new invention. Hell, a lot of what the NoSQL guys think they're inventing, IBM did back then too - IMS.