The small circular tag is designed to be attached to items like keys and wallets to allow these accessories to be tracked using Bluetooth right alongside Apple devices in the Find My app.
Password's update adds a new Nearby Items feature, which promises to improve how you access data tied to a specific location.
Or, if you’re watching a video and see an item you like ... new feature in the Chrome or Google app, you need to open the three-dot menu and select “Search Screen with Google Lens.” ...