.NET cryptography for licence keys?

Question

I want to create a license key, which cryptography algorithm would you recommend?

Basically the inputs would be:

company name
major ver

Answer 1

If you would like to see an example of Triple DES encryption, you can take a look at my blog post on encrypting data in a database.

The blog post contains a video and the source code.

Although it focuses on encrypting string columns in the database, you can definitely modify it to work with licensing fields.

The source code is written in C# and uses Triple DES algorithms.