php use cryptographic hash functions code example

Example: php hash

$password = 'test123';

/*
	Always use salt for security reasons.
    I'm using the BCRYPT algorithm use any valid one you like.
*/
$options['salt'] = 'usesomesillystringforsalt';
$options['cost'] = 3;
echo password_hash($password, PASSWORD_BCRYPT, $options)