Research discoveries in carbon nanostructures have encouraged scientists to look for the next generation of versatile nanomaterials with novel electronic and optical properties to generate new scientific knowledge and discover materials with unanticipated or enhanced functionality. One element that has become of great interest in the last few years is phosphorus. Although studies investigating phosphorus nanostructures and properties are still in their infancy, unique properties of various phosphorus nanostructures are expected. First, in a literature review, this work will summarize some optical and optoelectronic applications of both black and red phosphorus. The role of phosphorus as a photocatalyst is also discussed. Next, this work will explore liquid exfoliation techniques applied to 2D black phosphorus with several exotic and common laboratory solvents, both with and without the use of potentially damaging ultrasonication. Lastly, investigations into reactions of black phosphorus and boron trifluoride under ambient conditions will be undergone to study the formation of boron phosphate.M.S., Chemistry -- Drexel University, 201