Nanotechnology is engineering and manufacturing at the molecular scale, thereby taking advantage of the unique properties that exist at that scale. Nanotechnology offers unprecedented opportunities for progress—defeating poverty, starvation, and disease, opening up outer space, and expanding human capacities. This paper explains exponential general-purpose molecular manufacturing, the basic concepts behind it, and inters disciplinary approach of nanotechnology. This paper reviews the study of the different aspects of nanotechnology such as Nanomedicine in curing the different type of diseases, Nanoelectronics offers a new approach for the electronic industry in the form of new circuit material, processors and storage devices, Environmental Nanotech includes cleaning up existing pollution and making alternatives energy sources more cost effective, Energy applications of Nanotechnology presents a way to replace fossil fuels with cheap sustainable energy. This paper reveals the fact that Nanotechnology has a positive economic impact on society.

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Nanotechnology And Energy