Conventional food supply chains are centralized in nature and possess challenges pertaining to a single point of failure, product irregularities, quality compromises, and loss of data. Numerous cases of food fraud, contamination, and adulteration are daily reported from multiple parts of India, suggesting the absolute need for an upgraded decentralized supply chain model. A country such as India, where its biggest strength is its demographic dividend, cannot afford to malnutrition a large population of its children by allowing them to consume contaminated and adulterated dairy products. In view of the gravity of the situation, we propose a blockchain-enabled supply chain platform for the dairy industry. With respect to the supply chain platform, the dairy products of choice include milk, cheese, and butter. Blockchain is one of the fastest growing technologies having widespread acceptance across multiple industry verticals. Blockchain possesses the power to transform traditional supply chains into decentralized, robust, transparent, tamper proof, and sustainable supply chains. The proposed supply chain platform goes beyond the aspect of food traceability and focuses on maintaining the nutritional values of dairy products, identification of adulteration and contamination in dairy products, the increasing economic viability of running a dairy farm, preventing counterfeit dairy products, and enhancing the revenue of the dairy company. The paper collates the mentioned functionalities into four distinct impact dimensions: social, economic, operations, and sustainability. The proposed blockchain-enabled dairy supply chain platform combines the use of smart contracts, quick response code (QR code) technology, and IoT and has the potential to redefine the dairy supply chains on socio-economic, operational, and sustainability parameters.