Display raw binary data of an image

I'm trying to convert the raw binary data of an image and then display it.

Steps to approach to the problem,

1. I have saved the raw binary data of images in my database.

Preview:

2. Fetch & Convert the data into a blob and then into a blob url.

const image = URL.createObjectURL(new Blob([ project.image ], { type: 'image/jpg' }))

where project.image contains the raw binary data.

3. Add the url to the img tag.

4. Problem: Not displaying the image as expected.

Preview:

I have spent many hours not knowing what is wrong here. Any help would be highly appreciated. Thanks!