  A quantum key distribution system has been developed, using standard
telecommunications optical fiber, which is capable of operating at clock rates
of greater than 1 GHz. The quantum key distribution system implements a
polarization encoded version of the B92 protocol. The system employs
vertical-cavity surface-emitting lasers with emission wavelengths of 850 nm as
weak coherent light sources, and silicon single photon avalanche diodes as the
single photon detectors. A distributed feedback laser of emission wavelength
1.3 micro-metres, and a linear gain germanium avalanche photodiode was used to
optically synchronize individual photons over the standard telecommunications
fiber. The quantum key distribution system exhibited a quantum bit error rate
of 1.4%, and an estimated net bit rate greater than 100,000 bits-per-second for
a 4.2 km transmission range. For a 10 km fiber range a quantum bit error rate
of 2.1%, and estimated net bit rate of greater than 7,000 bits-per-second was
achieved.
