If you have an iPhone, you might have heard of one the new applications people are talking about called Loopt. Loopt is a location based social network application. It tracks down the location and share your information with your friends on your current location and at the same time tells you were your friends are.

It is a way of been nosy, almost like stalking people with permission. LOL - You are also able to change your location manually by overriding automatic location. It means that you can lie about were you are. To me this is a safety feature so that you don’t have to worry about being followed by someone when you’re alone.

One of the cool features is that it accurately displays what particular street and the distance they are away from. The application can be easily customized. Loopt has being teaming up with other companies to give the ability to in local information within an area. One of the companies Loopt team up with is called Yelp.

By teaming up with Yelp, it has the given the Loopt user access to able to see the 10 coolest places around them. It even goes further to include features based on personal recommendation, and what remarks your friends have recently left on a place they have been. Loopt is constantly updating its software and will be adding more partners in the weeks and months ahead.

In each of your friends profile, you will be a to place comments, text and even use a “My Favorite” to get directions to a location. The good thing about that is you will never have to call any one to give you directions to where you want to go. All you have to do to get directions is to simply open up your Loopt application on your iPhone.

Another feature available of the Loopt is what is called the Loopt Mix. It allows to custom create a profile that lets you connect to other user of the application who are not in your address list but might share similar interest. Loopt will not share any of your personal information unless you manually go in to change the command.

One of the great things about the Loopt application is that it is not just for the iPhone alone but you can also connect with other user who have the same application on their phone. Blackberry has a Loopt Application, so you will also be able to connect with friends who have a Blackberry.