This review article provides a comprehensive examination of the most recent advances in research on nanoglasses, including the methods used to create these materials, their characteristics, and their diverse range of uses. An overview of the current trends in nanoglass research connects them to the Sustainable Development Goals, highlighting the current relevance of this topic. The process of manufacturing nanoglasses is explained in depth, highlighting advanced approaches such as inert gas condensation and severe plastic deformation, among other techniques. The prime focus of this review is on analyzing the various dimensions of nanoglass materials, including their structural dynamics and electrical configurations, and how these features contribute to their exceptional thermal stability and mechanical strength. The magnetic characteristics of nanoglasses are examined, highlighting their potential for driving innovation across multiple industries. The primary emphasis is on the biological usefulness of nanoglasses, specifically examining their bioactivity and interaction with biological components, and emphasizing their growing use in nanoscale biomedical applications. With regard to the practical applications of nanoglasses, there are specific discussions of their contributions to biological evaluation, wound healing, catalysis, and environmental sustainability. There is an emphasis on the durability and resistance of nanoglasses in these contexts. The comprehensive overview of nanoglasses provided in this article highlights their significance as revolutionary materials in fields of science and technology. The potential of nanoglasses to contribute to a future that is more sustainable and health oriented is indicated. The article ends by discussing the future directions for nanoglass research and looks forward to the promising possibilities for further investigation and innovation.