Software Engineering is the process of a systematic, disciplined, quantifiable approach that has significant impact on large-scale and complex software development. Scores of well-established software process models have long been adopted in the software development life cycle that pour stakeholders towards the completion of final software product development. Within the boundary of advanced technology, various emerging and futuristic technology is evolving that really need the attention of the software engineering community whether the conventional software process techniques are capable to inherit the core fundamental into futuristic software development. In this paper, we study the impact of existing software engineering processes and models including Agile, and DevOps in Blockchain-Oriented Software Engineering. We also examine the essentiality of adopting state-of-art concepts and evolving the current software engineering process for blockchain-oriented systems. We discuss the insight of software project management practices in BOS development. The findings of this study indicate that utilizing state-of-art techniques in software processes for futuristic technology would be challenging and promising research is needed extensively towards addressing and improving state-of-the-art software engineering processes and methodology for novel technologies.