What's the latest password hash / data encryption algorithm for mysql?

When I know a little about cryptography, I try to find the best approach to hash a user's password in some application vb.net winform

; then save it online mysql

db. I have found many posts on this topic but cannot figure out which one is the best fit.

I am reaching for this MSDN post but still cannot be sure if I can use it.

I can't enter some random key there, it is automatically generated by the function.

So my question is, is this a reliable function for password hash? Any alternatives?

thank

Code:

Imports System
Imports System.IO
Imports System.Security.Cryptography



Class AesExample

    Public Shared Sub Main ()
        Try

            Dim original As String = "Here is some data to encrypt!"

            'Create a new instance of the Aes
            'class. This generates a new key and initialization
            'vector (IV).
            Using myAes As Aes = Aes.Create ()

                'Encrypt the string to an array of bytes.
                Dim encrypted As Byte () = EncryptStringToBytes_Aes (original, myAes.Key, myAes.IV)

                'Decrypt the bytes to a string.
                Dim roundtrip As String = DecryptStringFromBytes_Aes (encrypted, myAes.Key, myAes.IV)

                'Display the original data and the decrypted data.
                Console.WriteLine ("Original: {0}", original)
                Console.WriteLine ("Round Trip: {0}", roundtrip)
            End Using
        Catch e As Exception
            Console.WriteLine ("Error: {0}", e.Message)
        End Try

    End Sub 'Main

    Shared Function EncryptStringToBytes_Aes (ByVal plainText As String, ByVal Key () As Byte, ByVal IV () As Byte) As Byte ()
        'Check arguments.
        If plainText Is Nothing OrElse plainText.Length