diff --git a/Cargo.lock b/Cargo.lock
index 3fe7096..1254a80 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -9340,9 +9340,9 @@ dependencies = [
 
 [[package]]
 name = "wasmi"
-version = "0.31.1"
+version = "0.31.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "acfc1e384a36ca532d070a315925887247f3c7e23567e23e0ac9b1c5d6b8bf76"
+checksum = "77a8281d1d660cdf54c76a3efa9ddd0c270cada1383a995db3ccb43d166456c7"
 dependencies = [
  "smallvec",
  "spin 0.9.8",
@@ -9353,9 +9353,9 @@ dependencies = [
 
 [[package]]
 name = "wasmi_arena"
-version = "0.4.0"
+version = "0.4.1"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "401c1f35e413fac1846d4843745589d9ec678977ab35a384db8ae7830525d468"
+checksum = "104a7f73be44570cac297b3035d76b169d6599637631cf37a1703326a0727073"
 
 [[package]]
 name = "wasmi_core"
diff --git a/pallets/algorithms/Cargo.toml b/pallets/algorithms/Cargo.toml
index e0cf488..462099a 100644
--- a/pallets/algorithms/Cargo.toml
+++ b/pallets/algorithms/Cargo.toml
@@ -23,7 +23,7 @@ scale-info = { version = "2.5.0", default-features = false, features = [
 frame-benchmarking = { version = "4.0.0-dev", default-features = false, optional = true, git = "https://github.com/paritytech/substrate.git", branch = "polkadot-v1.0.0" }
 frame-support = { version = "4.0.0-dev", default-features = false, git = "https://github.com/paritytech/substrate.git", branch = "polkadot-v1.0.0" }
 frame-system = { version = "4.0.0-dev", default-features = false, git = "https://github.com/paritytech/substrate.git", branch = "polkadot-v1.0.0" }
-wasmi = { version = "0.31.1", default-features = false }
+wasmi = { version = "0.31.2", default-features = false }
 sp-runtime = { version = "24.0.0", default-features = false, git = "https://github.com/paritytech/substrate.git", branch = "polkadot-v1.0.0" }
 pallet-issuers = { path = "../issuers", default-features = false }
 pallet-credentials = { path = "../credentials", default-features = false }