Nokia readying 'Treasure Tag' for Lumia to track down lost items

Nokia is reportedly exploring a proximity sensor accessory that will help locate lost items with the help of your Lumia smartphone.

Using Bluetooth 4.0 and NFC, the "Treasure Tag" accessory straps onto a keychain or other frequently lost item, and then technology does the rest, The Verge reported.

With the accompanying Windows Phone app, users can follow their lost item on a map, using Nokia's LiveSight augmented reality view, the blog said.

The sensor also works in reverse: If you find the Treasure Tag first, hold down a button to trigger a notification sound on your phone, if it is within range.

Nokia did not immediately respond to a request for comment.

News of the Treasure Tag broke on Saturday on the Yahoo Finance Nokia Corporation message board. "I have wanted this for a long time," user ineedastock wrote. "Everyone will want several."

According to The Verge, the "always on" Treasure Tag will run on a battery meant to last about six months.

The device is one of the first accessories paired with the enhanced Bluetooth 4.0 low-energy feature in the upcoming Nokia Amber update.

Nokia also made the news yesterday, as its VP openly criticised Microsoft's lack of effort in producing apps for Windows Phone.