diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index 0ee8c01..816df2d 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.3.0"
+  ".": "0.3.1"
 }
diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 0000000..e132c6a
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,8 @@
+# Changelog
+
+## [0.3.1](https://github.com/carbynestack/cli/compare/cli-v0.3.0...cli-v0.3.1) (2023-07-28)
+
+
+### Bug Fixes
+
+* introduce release-please process ([#34](https://github.com/carbynestack/cli/issues/34)) ([d4fe837](https://github.com/carbynestack/cli/commit/d4fe837562ad0133e5a76ed00b245bc0e521f733))
diff --git a/pom.xml b/pom.xml
index 04acd4d..2cea395 100644
--- a/pom.xml
+++ b/pom.xml
@@ -5,13 +5,11 @@
   ~
   ~ SPDX-License-Identifier: Apache-2.0
   -->
-<project xmlns="http://maven.apache.org/POM/4.0.0"
-         xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"
-         xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/xsd/maven-4.0.0.xsd">
+<project xmlns="http://maven.apache.org/POM/4.0.0" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://maven.apache.org/POM/4.0.0 http://maven.apache.org/xsd/maven-4.0.0.xsd">
     <modelVersion>4.0.0</modelVersion>
     <artifactId>cli</artifactId>
     <groupId>io.carbynestack</groupId>
-    <version>0.3.0</version>
+    <version>0.3.1</version>
     <name>Carbyne Stack Command Line Interface</name>
     <description>Carbyne Stack Command Line Interface for interacting with backend services.</description>
     <licenses>