Something small is in the process of having a big impact on the manufacturing and insurance industries. Nanotechnology is being positioned as the key technology of the 21st century and the driving force behind a new industrial revolution. Sounds great, right? But what is it?
Understanding nanotechnology
Nanotechnology means the science, engineering and technology conducted at a nanoscale – about one to 100 nanometers. This is considered technology at an atomic level. To put it in perspective, there are 25.4 billion nanometers in one inch. If you were unsure what nanotechnology was before this article, you’re not alone. A reported 42.7 percent of laypeople have no idea what nanotechnology is.
