A supplier ships goods to a large corporate buyer. The buyer says "I'll pay in 90 days." The supplier needs cash today. Banks charge high rates and take weeks to process. Traditional supply chain finance (SCF) platforms like Taulia and Demica solve this, with a catch. The solution exists only for large suppliers with existing bank relationships, behind closed software that costs millions to license, with a bank sitting in the middle holding everyone's money.

Nth Moment removes the bank in the middle. The same SCF structure, reverse factoring, runs on a smart contract that no single entity controls.

Imagine you sold $500,000 worth of goods to a large corporate buyer. They will pay you in 90 days. You need money now to pay your workers.

A Lender says: "I'll give you $482,500 today. In 90 days, the buyer pays me the full $500,000 directly. My profit is the $17,500 difference."

That's it. The Lender is betting on the buyer paying not on you being creditworthy. The buyer is a rated, reliable corporate. The risk is the buyer's payment obligation, not your financial health.

Nth Moment puts this entire structure on a blockchain. The contract holds the agreement. The contract moves the money. No bank account in the middle. No human can redirect the funds.

This is the core underwriting insight. In traditional lending, you assess the borrower. In reverse factoring, you assess the buyer.

Traditional Loan Nth Moment Risk = Can the Borrower repay? Risk = Will the Anchor (buyer) pay its invoice? Collateral = Borrower's assets Collateral = Anchor's payment obligation Hard to verify Verifiable, Anchor is a rated corporate

The Anchor must have a minimum BBB- credit rating (S&P / Moody's / Fitch). No rating, no deal. It's a hard gate and not a guideline.

The Borrower must pass a 40% concentration check: no more than 40% of their rolling 12 month revenue can come from the Anchor they are discounting against. Verified via three independent sources: sales ledger, bank statements, and tax filings. All three must reconcile. Self attestation is not accepted.

Step 1: Underwriting (off-chain) Lender verifies Anchor rating (BBB- minimum) and Borrower concentration (40% cap). Document check: ledger + bank statements + tax filings. Both gates must pass before any on-chain action.

Step 2: Signing (on-chain) All three parties sign using KYC verified wallets. Strict order enforced by the contract:

Lender signs first: commits to the terms

Anchor signs second: acknowledges the payment obligation

Borrower signs last: assigns the receivable

The SHA-256 hash of the full legal agreement is stored on-chain. Each wallet signature is cryptographic proof that party agreed to that exact document.

Step 3: Disbursement (on-chain, atomic) Lender calls fundDeal(). One transaction:

fundedAmount (face value minus discount) → Borrower immediately

protocolFee → Treasury immediately

Contract holds nothing after this step

Step 4: Settlement (on-chain) At maturity, Anchor pays face value into the Escrow Contract directly.

Lender receives first: up to full face value (principal + yield[negotiable]).

Borrower receives any excess beyond face value.

Shortfall (e.g. demurrage deduction): Lender absorbs entirely. Borrower receives zero.

In the US, holding or transmitting money "on behalf of customers" requires a Money Transmitter License, state by state, $30,000–$525,000+ per state, 49 states require it.

Nth Moment avoids this: the protocol never holds customer funds in a company controlled account. Money moves from wallet to smart contract to wallet, by code alone. No human has signing authority over deal funds. No company bank account sits in the payment path.

This is not a workaround. It is the central architectural constraint. Every design decision in the codebase flows from it.

Nth Moment is a DUNS registered entity. DUNS:772435720 .

KYC whitelist. Bridges a crypto wallet to a verified legal identity. The Deal Contract checks this before accepting any signature. Holds zero funds.

Live on Arbitrum One: 0x8a6A11B9d24B34EE8bcbf1b3F870e82f04B2C34a

Encodes deal terms and manages the tri-party signature flow. Enforces signing order. Expires after 7 calendar days if unsigned and unfunded. Once ACTIVE, terms are immutable — no admin can alter them.

The only contract that touches money. Pass through router at disbursement. Waterfall distributor at settlement. Has no admin override, no pause function, no upgrade proxy, permanently.

Check Result Slither 101 detectors, source level 1 real finding fixed (missing interface inheritance). 3 timestamp warnings documented non issues (day granularity deadlines, no exploitable window). Mythril symbolic execution, bytecode Same timestamp findings confirmed. SWC-123 on external calls expected, intended revert propagation behavior. Test suite 76 tests, 0 failures. Covers signing order, KYC gating, waterfall (full / shortfall / excess), early payment, late payment, maturity boundary conditions. Reentrancy ReentrancyGuard on all fund-moving functions + checks effects interactions enforced throughout.

Expected: 76 tests passed, 0 failed

MIT LICENSE