Blockchain technology has gained attention for its potential to transform sectors beyond cryptocurrencies, particularly for Small and Medium Enterprises (SMEs) in Nigeria, which contribute significantly to the economy. By enhancing transparency, access to finance, operational efficiency, and supply chain management, blockchain can address key challenges faced by these businesses. It enables secure transactions, improves regulatory compliance, and facilitates global market access, ultimately fostering trust among stakeholders. As SMEs explore blockchain integration, they stand to enhance their growth prospects and competitiveness. Embracing this technology is crucial for SMEs aiming to thrive in an evolving marketplace.