Blockchain technology is gaining momentum with potential applications in businesses, government, and social context with some impressive applications for storing information, eliminating intermediaries, and enabling greater coordination between entities in issues such as in maintaining data standards (Higginson, Nadeau, and Rajgopal, 2019). While there are aspects of this technology that are still not settled such as the question of whether it is a disruptor or foundational technology, there is an agreement that it has the capability to increase security and transparency of transactions to all parties. Smart contracts using blockchain are theorized to be manifested using machine-to-machine coordination within IoT or with decentralized digital marketplaces (Beck, Müller-Bloch, and King, 2018). However, even though the blockchain technology has the potential towards decentralization of authority decision-making, current research indicates that so far that has not transpired and blockchain applications mostly operate in the environment of centralization mimicking notion of “benevolent dictatorship” (Beck, Müller-Bloch, and King, 2018). The main purpose of this work is to understand the gaps in application of blockchain technology in supply chain with domain focus on the supply chains involving dual use products.