http://en.wikipedia.org/wiki/MD5
MD5 isn't really that safe anymore.
> I will not go into specifics but the users will have access to very sensitive data
Like banking or medical details?
Many countries have legal requirements for compliance (and such like).
> I need to have the best and most secure protection there is for the login system I am creating
That kind of 'best' comes with high price tags.
It's not something you're likely to be able to lash together yourself with a few bits of help from an online forum.
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Posting Sage
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