diff --git a/configure.ac b/configure.ac
index 20c154452b796..505192d31071c 100644
--- a/configure.ac
+++ b/configure.ac
@@ -9,7 +9,7 @@ define(_COPYRIGHT_YEAR, 2021)
 define(_COPYRIGHT_HOLDERS,[The %s developers])
 define(_COPYRIGHT_HOLDERS_SUBSTITUTION,[[Bitcoin Core and Omni Core]])
 define(_OMNICORE_VERSION_MAJOR, 0)
-define(_OMNICORE_VERSION_MINOR, 11)
+define(_OMNICORE_VERSION_MINOR, 12)
 define(_OMNICORE_VERSION_PATCH, 0)
 define(_OMNICORE_VERSION_BUILD, 0)
 define(_OMNICORE_VERSION_RC, 0)
diff --git a/src/omnicore/test/version_tests.cpp b/src/omnicore/test/version_tests.cpp
index 84217170c333a..ac2d8c92df088 100644
--- a/src/omnicore/test/version_tests.cpp
+++ b/src/omnicore/test/version_tests.cpp
@@ -23,18 +23,18 @@ BOOST_AUTO_TEST_CASE(version_comparison)
 
 BOOST_AUTO_TEST_CASE(version_string)
 {
-    BOOST_CHECK_EQUAL(OmniCoreVersion(), "0.11.0");
+    BOOST_CHECK_EQUAL(OmniCoreVersion(), "0.12.0");
 }
 
 BOOST_AUTO_TEST_CASE(version_number)
 {
-    BOOST_CHECK_EQUAL(OMNICORE_VERSION, 110000000);
+    BOOST_CHECK_EQUAL(OMNICORE_VERSION, 120000000);
 }
 
 BOOST_AUTO_TEST_CASE(config_package_version)
 {
     // the package version is used in the file names:
-    BOOST_CHECK_EQUAL(PACKAGE_VERSION, "0.11.0");
+    BOOST_CHECK_EQUAL(PACKAGE_VERSION, "0.12.0");
 }
 
 
diff --git a/src/omnicore/version.h b/src/omnicore/version.h
index a03c6625100db..bb5e688d27830 100644
--- a/src/omnicore/version.h
+++ b/src/omnicore/version.h
@@ -15,7 +15,7 @@
 #define OMNICORE_VERSION_MAJOR       0
 
 // Increase with every non-consensus affecting feature
-#define OMNICORE_VERSION_MINOR       11
+#define OMNICORE_VERSION_MINOR       12
 
 // Increase with every patch, which is not a feature or consensus affecting
 #define OMNICORE_VERSION_PATCH       0