Nanotechnology is the future

Wikipedia says that Nanotechnology comprises technological developments on the nanometer scale, usually 0.1 to 100 nm (1/1,000 µm, or 1/1,000,000 mm). A possible way to interpret this size is to take the width of a hair, and imagine something ten thousand times smaller. The term has sometimes been applied to microscopic technology. Read More here.

Until only a few decades ago, nanotechnology was an unknown entity in the public space. But now it is widely known to be the next revolutionizing frontier of science. In simple terms nanotechnology is about understanding and manipulating structures at the atomic and molecular levels. It is the science of building atomic particles. It has tremendous technological implications ranging from space sciences to microbiology. It is widely understood to be the propeller of the new century of evolutions. There are tremendous growth prospects for the nanotechnology industry that is expected to grow from $225 million to $700 billion by 2005 to 2007.

Now let us get up close and personal with nano.

According to ABC, consumers in Australia are using cosmetics and toiletries that contain unregulated and untested nanomaterials, says a new report.The report released this week by Friends of the Earth (FOE), documents 116 products it says contain nanoparticles, a large number of which are available to Australians either in stores or online."We believe this represents a small fraction of the number of products that are actually on the market," says Georgia Miller of the FOE nanotechnology project.

Well, it appears nano isn't a well regulated market and plenty of headaches and heartaches are bound to occur during the process of this industry's maturity.