Blockchain technology has emerged as one of the most transformative digital innovations in modern supply chain management (SCM). Traditional supply chains often suffer from challenges related to transparency, traceability, fraud, data silos, inefficiencies, and limited stakeholder trust. Blockchain technology offers a decentralized, immutable, and transparent ledger system capable of addressing these challenges by enabling secure information sharing among supply chain participants. This study explores the role of blockchain technology in supply chain management, examines its applications across various industries, and evaluates its impact on operational efficiency, sustainability, and trust-building. Through a comprehensive review of academic literature, industry reports, and practical implementations, the research identifies key benefits, challenges, and future opportunities associated with blockchain-enabled supply chains. Findings indicate that blockchain significantly enhances supply chain visibility, reduces fraud, improves product traceability, facilitates smart contract execution, and strengthens stakeholder collaboration. However, challenges related to scalability, interoperability, regulatory compliance, and implementation costs remain barriers to widespread adoption. The study concludes by providing strategic recommendations for organizations seeking to integrate blockchain technology into supply chain operations.