This smart button could live on your keychain (pictures)

Cane Wireless, a small company based in Florida, is hoping its new smart button, Cliki, can be the next big thing. So we took a closer look at what it can do.

Cliki is only Android-compatible for now, although Cane Wireless says an iOS version of the app is on the horizon for this year.

Essentially, once you power on the button with this small switch in the back, you can pair it with your phone via Bluetooth.

Once paired, you can select any of eight options for the button's functions. All these functions integrate with your phone, toggling its camera, music, flashlight and more.

To access some features, you must enable them in the app's settings. This extra layer makes it less likely you'll, say, accidentally activate tethering and use up all your data.

Cliki itself has a slick design that allows it to be used as a key fob. That way, if you want to use it to find your phone when you're on your way out of the house, you can just hit the button and listen for your phone's chime.

You can also attach the included adhesive velcro pad to the back of Cliki so you can stick it anywhere -- like your dashboard -- and still take it with you when you leave.

Right now, Cliki's app is pretty simple. You can toggle any of the eight command sets (such as "single press for play/pause; double press for skip"). But the rest of the app is just information and settings. The real flexibility will come when Cliki begins working with integration platforms such as IFTTT later in 2016.

Cliki is another small device with big potential, and its features are growing fast. In its current Android-exclusive and overall non-integrated form, though, it's hard to recommend -- especially at its $39 price.