Nokia Research Labs at CES 2009 has showcased their prototype Locate Sensor . A Thumb Size Tag which you can attach to any thing and if they are lost or reaches a certain distance threshold it’ll alert and pin point the direction .
For further information and possible uses as I think possible visit Permanent Link to Nokia senses and Locates
For this device Your imagination will be the only limitation and only sense needed to be applied
Farhan
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