I am generating a MD5 hash of current time. Example :
md5Hex(System.currentTimeMillis())
Will this be time ordered?
Definitely not.
While MD5 isn't the best hash function, a fundamental property of cryptographic hash functions is that (per Wikipedia):
"a small change to a message should change the hash value so extensively that a new hash value appears uncorrelated with the old hash value (avalanche effect)"
For the hashes of a series of times to be time-ordered, the hash function would need to show predictable changes (consistent increases) in response to changing input (the increasing time) - and this contradicts the properties that a cryptographic hash function needs to have.