diff --git a/README.md b/README.md
index 3ec15ae3..28adc7d1 100644
--- a/README.md
+++ b/README.md
@@ -40,7 +40,7 @@ Using Rebar:
 
 ```erlang
 %% In rebar.config
-{deps, [{khepri, "0.4.3"}]}.
+{deps, [{khepri, "0.5.0"}]}.
 ```
 
 Using Erlang.mk:
@@ -48,7 +48,7 @@ Using Erlang.mk:
 ```make
 # In your Makefile
 DEPS += khepri
-dep_khepri = hex 0.4.3
+dep_khepri = hex 0.5.0
 ```
 
 Using Mix:
@@ -57,7 +57,7 @@ Using Mix:
 # In mix.exs
 defp deps do
   [
-    {:khepri, "0.4.3"}
+    {:khepri, "0.5.0"}
   ]
 end
 ```
diff --git a/doc/overview.edoc b/doc/overview.edoc
index efa15048..935d8cc6 100644
--- a/doc/overview.edoc
+++ b/doc/overview.edoc
@@ -3,7 +3,7 @@
 @author The RabbitMQ team <info@rabbitmq.com>
 @copyright 2021-2022 VMware, Inc. or its affiliates.  All rights reserved.
 @title The Khepri Database
-@version 0.4.3
+@version 0.5.0
 
 @doc
 Khepri is a tree-like replicated on-disk database library for Erlang and
diff --git a/src/khepri.app.src b/src/khepri.app.src
index 2213285d..d1185f04 100644
--- a/src/khepri.app.src
+++ b/src/khepri.app.src
@@ -5,7 +5,7 @@
   %%   * README.md
   %%   * doc/overview.edoc
   %% Pay attention to links in particular.
-  {vsn, "0.4.3"},
+  {vsn, "0.5.0"},
   {registered, []},
   {applications,
    [kernel,