In an era characterized by market uncertainty and rapid technological change, firmsare increasingly compelled to leverage innovative technologies for strategic advantage. Blockchain technology, known for its capacity to improve business processes, offers a promising avenue for achieving competitive superiority. Given the burgeoning interest in blockchain technology across diverse industries beyond the realm of cryptocurrency, a critical need exists for a comprehensive exploration of its integration into strategic management and its potential to foster sustained competitive advantage. This thesis seeks to bridge this knowledge gap through a systematic literature review, aiming to capture the evolving discourse on blockchain from various analytical perspectives. The research navigates through the expanding body of work on blockchain technology, moving past its initial association with cryptocurrencies, to understand its broader implications for business strategy and competitive dynamics.The research contributes to the strategic management and blockchain literaturebecause it delineates blockchain technology’s strategic value within the context ofstrategic management, underscoring its capacity to revolutionize business operations,bolster transparency, and foster innovation. This exploration, drawing on varioustheoretical lenses, elucidates blockchain’s potential as a strategic asset.