Nanotechnology involves manipulating materials at the nanoscale, between 1 to 100 nanometers. It has the potential for wide-ranging applications in medicine, electronics, and energy production. Specifically, nanotechnology is making progress in developing new cancer treatments using magnetic nanoparticles or nanorobots to target cancer cells. As nanotechnology continues to shrink device sizes, it will have a large impact on areas like computing, medical imaging, and other aspects of human life in the coming years.