Thought we admire diamond encruster extraordinaire Peter Aloisson and his previous work, it suffered the same problem as other million-dollar cellphones have in the past: not enough cryptography. Happily, Russian firm JSC Ancort has developed a Windows CE-based smartphone ready for Aloisson's bejeweling that employs "powerful encryption technology" to "provide secure protection of information against kidnapping, technological blackmail, financial racketeers and corrupted state officials" -- sounds like marketing speak for a password-protected wallet app, but who are we to judge? Of course, with its $1.3 million price tag and 50 diamonds (10 of which are blue) we think you might start to have more trouble with mugging than with "technological blackmail," but there's only one way to find out for certain -- anyone want to donate the cash for a hands-on?

[Via textually.org]