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Milwaukee Tools (and possibly others) do something similar. Not sure about the privacy part though.

https://www.milwaukeetool.com/OneKey

Basically anyone who runs the Milwaukee One Key app will watch for signals from tools and other devices with the One Key transmitter and upload the location. So if your tool is stolen and comes within range of someone running the One Key app the location should get uploaded.




Tile meshes the same way.




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