Virtual Lost & Found using Beacons for easy item recovery
Losing personal belongings is a common frustration. A startup can leverage beacons and virtual ordering systems to create a Virtual Lost & Found platform. Users can attach beacons to their valuables and report them as lost. The platform would help locate lost items by connecting with nearby beacons and facilitate easy item recovery. The market size for the Lost & Found industry is estimated to be $4.5 billion.