Can two different strings generate the same MD5 hash code?

Question

For each of our binary assets we generate a MD5 hash. This is used to check whether a certain binary asset is already in our application. But is it possible that two differe

Answer 1

Yes, it is possible. This is in fact a Birthday problem. However the probability of two randomly chosen strings having the same MD5 hash is very low.

See this and this questions for examples.