O: Green nanotechnology as a career option, improving and innovations in educational technology through higher quality and low‐cost internet as well as display devices leading to ubiquitous online education
C: Challenges include, complexity involves in technology and initial investment cost
3
E‐commerce industry
O: Green nanotechnology supports the identification of counterfeit goods. Certified QR codes and tracking devices supported by nanotechnology can be utilized for product packaging
C: Creating awareness on the use of such technology with identity benefits to many products consumes time
4
Entertainment industry
O: Green nanotechnology supports to improve the efficiencies of digital entertainment instruments and their durability. It also improves the speed and reachability of internet signals for high speed online video games
C: Cost and creating awareness are two major challenges for nanotechnology‐based entertainment services
5
Fashion industry
Green nanotechnology embedded fabrics can be designed to resist liquids, fight off wrinkles, quick drying, and breathe. Also, for the killing of microbes in cloths, coating that repels water and stain‐producing liquids, antistatic nanoparticles to discharge accumulated static charge, new designs, and patterns on fabrics and fashion equipment, etc.
C: Awareness creation and reachability of GNT features in the industry
6
Financial services industry
O: Huge investment in mega‐technology will facilitate the banking sector and drive economic growth. The financial industry will have a key role in the transfer of technology from research centers to various industries. GNT provides technological support for authentic and secured financial transactions
C: Slow technology transfer, delay in investment decisions, financial constraints for start‐ups, effective utilization of government budgets, etc.
7
Healthcare industry
O: Disease control by means of disease diagnostics, prophylactics, and treatment of diseases. Nanoprobes and nanosensors have the potential for prevention and control of diseases. GNT‐based organ regeneration and lifespan expansion are also possible
C: Use of GNT in health care may raise concern on regulation, transparency, patient privacy, consent, etc.
8
Hospitality industry
O: Food preservation with original taste; self‐cleaning of floors, walls, fabrics, and furniture; bacteria‐repellant bathroom surfaces; bed sheets that resist wear and soil and adjust for comfort or a pillowcase that glows when a guest reads in bed
C: Cost of technology during the initial investment time is certainly high
9
Insurance industry
O: Insurance industry sees GNT as a big opportunity for its future survival and growth. Nanotechnology companies might adopt insurance coverage to reduce their risks and liability for new futuristic business in every industry sector
C: The fundamental difficulty in making risk assessment unless quantifiable statistical data are readily available, and hence probability and severity are difficult to calculate
10
Print and media industry
O: GNT has applications from printing inks to digital printing processes, videography, wearable audio recording devices, and high speed online electronic and optical communication device
C: Slow technology transfer and higher cost for early entrants
11
Online services industry
O: GNT supports online ubiquitous services through 5G and future 6G technology where it can offer audio, video, smell, taste, and touch feelings of products and services for online selections. Using smart and artificial intelligence‐enabled computers, mass customization of online services is possible
C: Slow penetration to the market due to early breathing problems
12
Tourism industry
O: GNT‐based attractive display screens at tourism centers, airports, and various other locations to provide quick information
C: Cost factor until mass usage
13
Security services
O: Tagging and tracking, monitoring, advancing sensors technology, improved RFID technology in body armor, combating fraud with nanoparticle‐based inks
C: Integrating nanotechnology with ICCT for specific services
14
Coating services industry
O: Coating service, based purely on nano coating on surfaces/devices for specific purposes
C: Attractive for large scale coatings only based on cost–benefit analysis
15
Event management industry
O: GNT‐based electronic decorations, waste management, food and beverage quality management, music service, clothing service, etc.
C: Coordination with technology provider and event management team
16
Smart city services industry
O: Green nanomaterial enabled the network to provide a backbone for smart city communications using 5G technology. Inclusion of nanotechnology in smart city solutions along with Information technology solutions, power plant, water treatment, road infrastructure, air pollution, etc.
C: Delay in the realization of smart cities by governments in developed and developing countries
3.12 Green Nanotechnology in Quaternary Industry Sector
The quaternary industry sector in the economy includes the activities based on the intellectual or knowledge‐based part of the economy. This sector is found in only most advanced countries in which through research and development, latest ICCT, and typically includes services such as information generation and sharing, information technology (communication and computing), consultation, education, research and development, and other knowledge‐based services supported by technology. The important ICCT underlying technologies which work with GNT to provide intelligent services are artificial intelligence, 3D printing, cloud computing, IoT, quantum computing, information storage technology, mobile business technologies, and online education technologies. GNT being general‐purpose technology of the twenty‐first century supports ICCT underlying technologies as another set of general‐purpose technologies to develop super‐intelligent machines and super‐human beings when these technologies get saturated [90].
O: Green nanotechnology as a career option, improving and innovations in educational technology through higher quality and low‐cost internet as well as display devices leading to ubiquitous online education
