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A high-speed quantum key distribution (QKD) system has been developed with the goal of a 1-Mbps final secure key generation rate under 10-dB transmission loss, which corresponds to 50 km of standard single mode fiber. For the purpose of speeding-up all processes in QKD sequence, we apply a wavelength-division-multiplexing (WDM) technique using the colorless interferometric technique and a key distillation hardware (HW) engine. We establish a novel WDM scheme, sharing interferometers and their temperature regulators over multiple channels, which enables us to increase the number of channels with a small impact on system cost and size. To generate a secure key while satisfying both high speed and high security, we develop a key distillation HW engine which enables us to execute key distillation with 1-Mbit code length in real time. We have experimentally evaluated the performance of the developed system through installed fiber. By operating three wavelength channels, a new, world leading key generation rate of greater than 200 kbps over a 14.5-dB transmission loss has been achieved.