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Last tested: March 2021
MD5 is just a hash that turns strings into hashes.
It's useful for making IDs out of a concatenation of several fields, which makes it valuable for joins. Looker uses it in symmetric aggregates.
Example:
select md5('Amazon Redshift');
md5
----------------------------------
f7415e33f972c03abd4f3fed36748f7a
(1 row)
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