  We investigate the utility of Einstein-Podolsky-Rosen correlations of the
position and momentum of photon pairs from parametric down-conversion in the
implementation of a secure quantum key distribution protocol. We show that
security is guaranteed by the entanglement between downconverted pairs, and can
be checked by either direct comparison of Alice and Bob's measurement results
or evaluation of an inequality of the sort proposed by Mancini et al. (Phys.
Rev. Lett. 88, 120401 (2002)).
