The integration of multiple functionalities into a single nanomaterial or device can significantly enhance its performance and versatility. For instance, in the field of medicine, multifunctional nanoparticles can be designed to deliver drugs, act as imaging agents, and provide targeted therapy, all in one. This reduces the need for multiple treatments and can improve patient outcomes. In electronics, multifunctional nanomaterials enable the development of more efficient and compact devices by combining electrical, optical, and thermal properties.