Quantum Cryptography Using Einstein-Podolsky-Rosen Correlations of   Continuous Variables
  Quantum cryptography with the predetermined key was experimentally realized using Einstein-Podolsky-Rosen(EPR) correlations of continuously bright optical beams. Only one of two EPR correlated beams is transmitted with the signals modulated on quadrature phases and amplitudes, and the other one is retained by the authorized receiver. The modulated small signals are totally submerged in the large quantum noise of the signal beam, therefore nobody except the authorized receiver can decode the signals. Usability of imperfect quantum correlation, high transmission and detection efficiencies, and security provided by quantum mechanics are the favorable features of the presented scheme. 
Jietai Jing, Qing Pan, Changde Xie and Kunchi Peng