diff --git a/CHANGELOG.md b/CHANGELOG.md
index 093f097..b793f6e 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -4,7 +4,13 @@ Changes in the upcoming versions.
 
 ## Breaking Changes
 
-- New field `derivationOrigin` is required to match in the ID Alias credential.
+## Improvements
+
+# release-2024-10-29
+
+## Breaking Changes
+
+- New field `derivationOrigin` is required to match in the ID Alias credential in `ic-verifiable-credentials`.
 
 ## Improvements
 
diff --git a/Cargo.lock b/Cargo.lock
index adc8ae8..cb19c85 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -1262,7 +1262,7 @@ dependencies = [
 
 [[package]]
 name = "ic-verifiable-credentials"
-version = "0.1.0"
+version = "1.0.0"
 dependencies = [
  "assert_matches",
  "base64 0.22.1",
diff --git a/Cargo.toml b/Cargo.toml
index ee1543c..1e68ede 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -8,7 +8,7 @@ members = [
 ]
 
 [workspace.package]
-version = "0.0.1"
+version = "1.0.0"
 authors = ["DFINITY Stiftung"]
 edition = "2024"
 repository = "https://github.com/dfinity/verifiable-credentials-sdk"
diff --git a/js-library/package-lock.json b/js-library/package-lock.json
index 6efe778..d1a27ff 100644
--- a/js-library/package-lock.json
+++ b/js-library/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@dfinity/verifiable-credentials",
-  "version": "0.0.4",
+  "version": "1.0.0",
   "lockfileVersion": 3,
   "requires": true,
   "packages": {
     "": {
       "name": "@dfinity/verifiable-credentials",
-      "version": "0.0.4",
+      "version": "1.0.0",
       "license": "Apache-2.0",
       "dependencies": {
         "nanoid": "^5.0.7"
diff --git a/js-library/package.json b/js-library/package.json
index a7b2c1b..c3eafb2 100644
--- a/js-library/package.json
+++ b/js-library/package.json
@@ -1,6 +1,6 @@
 {
   "name": "@dfinity/verifiable-credentials",
-  "version": "0.0.4",
+  "version": "1.0.0",
   "description": "Library to interact with the identity provider to get a credential presentation.",
   "type": "module",
   "files": [
diff --git a/rust-packages/ic-verifiable-credentials/Cargo.toml b/rust-packages/ic-verifiable-credentials/Cargo.toml
index c9447db..5887e23 100644
--- a/rust-packages/ic-verifiable-credentials/Cargo.toml
+++ b/rust-packages/ic-verifiable-credentials/Cargo.toml
@@ -1,7 +1,7 @@
 [package]
 name = "ic-verifiable-credentials"
 description = "Verifiable credentials issuing and verification for IC canisters."
-version = "0.1.0"
+version = "1.0.0"
 keywords = ["internet-computer", "verifiable", "credentials", "icp", "dfinity"]
 categories = ["api-bindings", "data-structures", "no-std"]
 edition = "2021"