We heard last week that Nokia was developing a host of new Bluetooth enabled accessories. Today we get the first indication of one such accessory, which according to The Verge, is going to be called ‘Treasure Tag.’ It uses both Bluetooth 4.0 and NFC to track lost items from a Windows Phone device. The Tag itself will pair with the device through NFC and will have a loop strap through which it can be attached to any item, like a bunch of keys.

A Treasure Tag app has reportedly been built by Nokia for Windows Phone, it will allow users to manage their accessory as well as locate it when its lost. The Tag’s location will be displayed on a map that’s aided by Nokia’s LiveSight augmented reality view. The Tag will also allow users locate a phone that’s paired with it, there will be a button on the device which when pressed will sound a notification alert on the phone, but it has to be within range. Treasure Tag is said to be “always-on,” it might have a battery that will be good for at least six months. The accessory is expected to be released in the coming weeks, after Nokia releases the Amber Windows Phone 8 update that brings support for Bluetooth 4.0.

Filed in Cellphones. Read more about and .