"real life" as in "they can do it for real in a lab": Alice has two photons, applies a quantum operation to them so that they become entangled, and gives one to

"real life" as in "they can do it for real in a lab": Alice has two photons, applies a quantum operation to them so that they become entangled, and gives one to Bob. Bob received "quantum information" from Alice. They can use this resource (entanglement between the photons they own) to perform several tasks now, like "teleportation" of the state of a particle, or secure key distribution.