The document discusses the SHA-3 algorithm, which is the latest member of the Secure Hash Algorithm family of standards released by NIST in 2015. It provides an overview of the limitations of previous SHA standards like SHA-1 and SHA-2, the history and design of SHA-3, which uses the Keccak algorithm and sponge construction. Later sections cover specifics of SHA-3 like padding, the block permutation, and implementations in various cryptography libraries.