C#

public static string HashPasswordForStoringInConfigFile(string password, string passwordFormat)
{
    HashAlgorithm algorithm;
    if (password == null)
    {
        throw new ArgumentNullException("password");
    }
    if (passwordFormat == null)
    {
        throw new ArgumentNullException("passwordFormat");
    }
    if (StringUtil.EqualsIgnoreCase(passwordFormat, "sha1"))
    {
        algorithm = SHA1.Create();
    }
    else
    {
        if (!StringUtil.EqualsIgnoreCase(passwordFormat, "md5"))
        {
            throw new ArgumentException(SR.GetString("InvalidArgumentValue", new object[] { "passwordFormat" }));
        }
        algorithm = MD5.Create();
    }
    return MachineKeySection.ByteArrayToHexString(algorithm.ComputeHash(Encoding.UTF8.GetBytes(password)), 0);
}