of single-molecule magnet research, beginning with the archetype of single-molecule magnets, "Mn12". This complex is a polymetallic manganese (Mn) complex having the formula [Mn12O12(OAc)16(H2O)4], where OAc stands for acetate. It has the remarkable property of showing an extremely slow relaxation of their magnetization below a blocking temperature. [Mn12O12(OAc)16(H2O)4]·4H2O·2AcOH, which is called "Mn12-acetate" is a common form of this used in research. Single-molecule magnets are also based on iron clusters because they potentially have large spin states. In addition, the biomolecule ferritin is also considered a nanomagnet. In the cluster Fe8Br the cation Fe8 stands for [Fe8O2(OH)12(tacn)6]8+, with tacn representing 1,4,7-triazacyclononane. The ferrous cube complex Fe4C40H52N4O12 (commonly called [Fe4(sae)4(MeOH)4]) was the first example of a single-molecule magnet involving an Fe(II) cluster, and the core of this complex is a slightly distorted cube with Fe and O atoms on alternating corners. Remarkably, this single-molecule magnet exhibits non-collinear magnetism, in which the atomic spin moments of the four Fe atoms point in opposite directions along two nearly perpendicular axes. Theoretical computations showed that approximately two magnetic electrons are localized on each Fe atom, with the other atoms being nearly nonmagnetic, and the spin–orbit-coupling potential energy surface has three local energy minima with a magnetic anisotropy barrier just below 3 meV. Applications There are many discovered types and potential uses. Single-molecule magnets represent a molecular approach to nanomagnets (nanoscale magnetic particles). Due to the typically large, bi-stable spin anisotropy, single-molecule magnets promise the realization of perhaps the smallest practical unit for magnetic memory, and thus are possible building blocks for a quantum computer. Consequently, many groups have devoted great efforts into synthesis of additional single-molecule magnets. Single-molecule magnets have been considered as potential building blocks for quantum computers. A single-molecule magnet is a system of many interacting spins with clearly defined low-lying energy levels. The high symmetry of the single-molecule magnet allows for a simplification of the spins that can be controllable in external magnetic fields. Single-molecule magnets display strong anisotropy, a property which allows a material to assume a variation of properties in different orientations. Anisotropy ensures that a collection of independent spins would be advantageous for quantum computing applications. A large amount of independent spins compared to a singular spin, permits the creation of a larger qubit and therefore a larger faculty of memory. Superposition and interference of the independent spins also allows for further simplification of classical computation algorithms and queries.