"In thinking about nanotechnology today, what's most important is understanding where it leads, what nanotechnology will look like..." - Kim Eric Drexler
That is the very essence of our research. Due to its importance, we believe that nanotechnology's properties, benefits, drawbacks, limitations, risks and sustainability must be properly addressed in order to fully explore the opportunities that come with it. The paper begins with a detailed description of what nanotechnology is at the molecular level, and then moves to a discussion of the potential benefits and applications of nanotechnology in the areas of Energy Development, Environment, Electricity, Nanomaterials, Medicine, Sports and beyond where it can be truly revolutionary. In addition to this, an upcoming application of Nanotechnology, Nanobots, which find their use in the defence and health sectors have also been detailed in the paper. The paper next provides details of the limitations and problems associated with nanotechnology such as health and environmental risks, and cost as well as how we can overcome them. Moreover, we also take a look at the development of nanotechnology to date. Lastly,  there is a section which provides recommendations and solutions with regards to responsible development and regulations associated with nanotechnology.