This paper examines the development of nanotechnology in Asian countries and existing and potential ethical issues related to the changes coming about with the development in the pertinent area. The paper further explores strategies aiming to prevent the negative consequences of this development. Nanotechnology does not negatively affect human dignity and integrity. However, just like when dealing with any technology, some of its applications may present certain risks. More attentive monitoring and control has to be enforced in the fields where technology is interconnected with living environment.