A nanodegree is a skill based certified educational programme that teaches you specialised skills in less time than bachelor's and master's degrees. A nanodegree offers you more in-depth learning than a standard certificate. Upon successful completion, you're likely to have a strong skill set that makes you qualified for entering a technology field of your choice as a junior or mid-level engineer.
Optional: "This degree is credit-transferrable, which means that it's possible that you transfer your credits to a traditional degree programme if you decide to further continue your education."