Lately, many creative people are using Crowdfund-ing to raise money for their ideas through the use of an online platform. The use of third-party middlemen who cannot guarantee the investor’s money and the lack of investor control over how their money is used are two issues with the current crowdfunding approach. On the other hand, blockchain technology is a safe, trustworthy , and decentralized network that has become highly popular across many varieties of organizations due to its effectiveness when compared to more traditional ways. However, older techniques have a lot of issues and challenges because of their complex and less secure networks. We can address and avoid these issues if we start incorporating blockchain technology. Blockchain technology can be used to address these problems since it provides benefits including increased security, transparency, efficiency, and reduced fraud risk. Here, we propose a new crowdfunding platform based on blockchain innovation that provides a decentralized and transparent process. By enabling users to construct smart contracts that give them control over the invested cash, our platform’s major objective is to give investors the ability to successfully contribute to any private or public project. In our research, we have highlighted the variations between blockchain-based and traditional crowdfunding platforms and the advantages of using blockchain for various industries. We also discuss the challenges that established sectors face and how blockchain-based platforms could potentially help to address these challenges.