diff --git a/.travis.yml b/.travis.yml
index ac91dd59..8edcd0f4 100644
--- a/.travis.yml
+++ b/.travis.yml
@@ -2,7 +2,7 @@ os: linux
 language: shell
 
 env:
-  - ZEND_VERSION=3.0.3 JDK=16
+  - ZEND_VERSION=3.1.0 JDK=16
 
 install:
   - source ./scripts/install.sh
diff --git a/README.md b/README.md
index 43058903..87402e31 100644
--- a/README.md
+++ b/README.md
@@ -36,7 +36,7 @@ presents the information in a user-friendly manner.
 
 #### New/Experimental: [Horizen Desktop GUI Wallet packages for Debian/Ubuntu Linux](https://github.com/HorizenOfficial/zencash-swing-wallet-ui/blob/master/docs/ReleaseUbuntuRepository.md) are available
 
-#### New/Experimental: [Horizen Desktop GUI Wallet for Windows/macOS](https://github.com/HorizenOfficial/zencash-swing-wallet-ui/blob/master/docs/Release_1.0.5.md) is available
+#### New/Experimental: [Horizen Desktop GUI Wallet for Windows/macOS](https://github.com/HorizenOfficial/zencash-swing-wallet-ui/blob/master/docs/Release_1.0.6.md) is available
 
 #### Information on diagnosing some common problems may be found in this [troubleshooting guide](docs/TroubleshootingGuide.md).
 
diff --git a/docs/Release_1.0.6.md b/docs/Release_1.0.6.md
new file mode 100644
index 00000000..d37d62a6
--- /dev/null
+++ b/docs/Release_1.0.6.md
@@ -0,0 +1,85 @@
+## [Horizen](https://horizen.io/) Desktop GUI Wallet binary release 1.0.6
+
+It includes [Horizen 3.1.0 binaries](https://github.com/HorizenOfficial/zen/releases/tag/v3.1.0). 
+
+**This wallet is targeted at advanced users who understand the implications of running a full Zen node on**
+**the local machine, maintaining a full local copy of the blockchain, maintaining and backing up the**
+**Zen nodes's `wallet.dat` file etc! The wallet is not suitable for novice crypto-currency users!**
+
+**SECURITY WARNING: Encryption of the wallet.dat file is not yet supported for Horizen. Using the wallet** 
+**on a system infected with malware may result in wallet data/funds being stolen. The**
+**wallet.dat needs to be backed up regularly (not just once - e.g. after every 30-40**
+**outgoing transactions) and it must also be backed up after creating a new Z address.**
+
+**STABILITY WARNING: The GUI wallet is as yet considered experimental! It is known to exhibit occasional stability problems related to running a full Zen node.**
+**Specifically if the locally running `zend` cannot start properly due to issues with the local blockchain, the GUI cannot start either!**
+**Users need to be prepared to fix such problems manually as described in the [troubleshooting guide](https://github.com/HorizenOfficial/zencash-swing-wallet-ui/blob/master/docs/TroubleshootingGuide.md).**
+**Doing so requires command line skills.**
+
+**AUTO-DEPRECATION WARNING: Wallet binary releases for Mac/Windows contain ZEN full node binaries. These have an auto-deprecation feature:**
+**they are considered outdated after 16 weeks and stop working. So they need to be updated to a newer version before this term expires.**
+**Users need to ensure they use an up-to-date version of the wallet (e.g. update the wallet every two months or so).**
+
+### Installing the Horizen Desktop GUI Wallet on Windows
+
+It requires a 64-bit Windows 7 or later version to run.
+
+1. Download the Wallet EXE file
+[HorizenDesktopGUIWallet-1.0.6.exe](https://github.com/HorizenOfficial/zencash-swing-wallet-ui/releases/download/1.0.6/HorizenDesktopGUIWallet-1.0.6.exe).
+
+2. Security check: You may decide to run a virus scan on it, before proceeding... In addition using a tool 
+such as [http://quickhash-gui.org/](http://quickhash-gui.org/) you may calculate the its SHA256 checksum. The 
+result should be:
+```
+TODO  HorizenDesktopGUIWallet-1.0.6.exe
+```
+**If the resulting checksum is not `TODO` then**
+**something is wrong and you should discard the downloaded wallet!**
+
+3. Run the `HorizenDesktopGUIWallet-1.0.6.exe` installer and choose an installation folder.
+   
+### Running the Horizen Desktop GUI Wallet on Windows
+
+Double click on `HorizenDesktopGUIWallet.exe` in the installation folder or run `HorizenDesktopGUIWallet` from the start menu.
+On first run (only) the wallet will download the cryptographic keys (1.6GB or so).
+In case of problems logs are written in `%LOCALAPPDATA%\ZENCashSwingWalletUI\` for diagnostics.
+
+### Installing the Horizen Desktop GUI Wallet on Mac OS
+
+It requires Mac OS Sierra/High Sierra/Mojave.
+
+1. Download the Wallet image file
+[HorizenDesktopGUIWallet-1.0.6.dmg](https://github.com/HorizenOfficial/zencash-swing-wallet-ui/releases/download/1.0.6/HorizenDesktopGUIWallet-1.0.6.dmg).
+
+2. Security check: You may decide to run a virus scan on it before proceeding... In addition using a tool
+such as [http://quickhash-gui.org/](http://quickhash-gui.org/) you may calculate the its SHA256 checksum. The
+result should be:
+```
+TODO  HorizenDesktopGUIWallet-1.0.6.dmg
+```
+**If the resulting checksum is not `TODO` then**
+**something is wrong and you should discard the downloaded wallet!**
+
+3. Install the wallet like any other downloaded Mac OS application: Open the disk image `HorizenWallet-1.0.6.dmg`
+and copy the HorizenWallet application to the Applications folder. You can then discard the disk image.
+
+### Running the Horizen Desktop GUI Wallet on Mac OS
+
+Simply click on HorizenWallet in the Mac OS application launchpad.
+
+### Disclaimer
+
+THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR
+IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY,
+FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT. IN NO EVENT SHALL THE
+AUTHORS OR COPYRIGHT HOLDERS BE LIABLE FOR ANY CLAIM, DAMAGES OR OTHER
+LIABILITY, WHETHER IN AN ACTION OF CONTRACT, TORT OR OTHERWISE, ARISING FROM,
+OUT OF OR IN CONNECTION WITH THE SOFTWARE OR THE USE OR OTHER DEALINGS IN THE
+SOFTWARE.
+
+### Some known issues and limitations
+1. If a system has a high resolution monitor with DPI scaling enabled, not all GUI elements scale alike.
+As a result the Wallet UI may feel inconvenient to use at scaling above 1.5x or even unusable at scaling above 3x.
+This problem will be fixed in future versions.
+1. Limitation: The list of transactions does not show all outgoing ones (specifically outgoing Z address 
+transactions).  
diff --git a/installer/pom.xml b/installer/pom.xml
index 4b22bf6f..c2532289 100644
--- a/installer/pom.xml
+++ b/installer/pom.xml
@@ -5,7 +5,7 @@
     <parent>
         <groupId>com.zencash</groupId>
         <artifactId>HorizenSwingWalletUI</artifactId>
-        <version>1.0.5-SNAPSHOT</version>
+        <version>1.0.6-SNAPSHOT</version>
     </parent>
 
   <artifactId>installer</artifactId>
diff --git a/installer/src/main/izpack/install.xml b/installer/src/main/izpack/install.xml
index acc2aef4..507faee9 100644
--- a/installer/src/main/izpack/install.xml
+++ b/installer/src/main/izpack/install.xml
@@ -2,7 +2,7 @@
 <installation version="5.0">
   <info>
     <appname>HorizenSwingWalletUI</appname>
-    <appversion>1.0.5</appversion>
+    <appversion>1.0.6</appversion>
     <url>https://horizen.io</url>
     <authors>
         <author name="Ivan Vaklinov" email="ivan@vaklinov.com"/>
@@ -47,7 +47,7 @@
   <variables>
     <variable name="InstallerFrame.logfilePath" value="Default"/>
     <variable name="WELCOME_TEXT" value="Horizen Swing Wallet Installation"/>
-    <variable name="WELCOME_VERSION" value="Version: 1.0.5"/>
+    <variable name="WELCOME_VERSION" value="Version: 1.0.6"/>
     <variable name="WELCOME_BG_COLOR" value="#404B62"/>
     <variable name="WELCOME_TEXT_COLOR" value="#ffffff"/>
   </variables>
diff --git a/pom.xml b/pom.xml
index 7bfdd171..6e837376 100644
--- a/pom.xml
+++ b/pom.xml
@@ -6,7 +6,7 @@
 
     <groupId>com.zencash</groupId>
     <artifactId>HorizenSwingWalletUI</artifactId>
-    <version>1.0.5-SNAPSHOT</version>
+    <version>1.0.6-SNAPSHOT</version>
     <packaging>pom</packaging>
     <name>Horizen Swing Wallet UI</name>
 
diff --git a/scripts/bump_version_devtool.sh b/scripts/bump_version_devtool.sh
new file mode 100755
index 00000000..903c789b
--- /dev/null
+++ b/scripts/bump_version_devtool.sh
@@ -0,0 +1,23 @@
+#!/bin/bash
+
+set -euo pipefail
+
+zend_version_old="3.0.3"
+zend_version_new="3.1.0"
+
+swing_version_old="1.0.5"
+swing_version_new="1.0.6"
+
+# bump zend version
+sed -i "s/${zend_version_old//./\\.}/${zend_version_new//./\\.}/g" .travis.yml
+
+# bump swing version
+grep -lr --exclude-dir=.git --exclude-dir=docs --exclude-dir=scripts "${swing_version_old//./\\.}" | xargs sed -i "s/${swing_version_old//./\\.}/${swing_version_new//./\\.}/g"
+
+# create release notes
+new_notes="docs/Release_${swing_version_new}.md"
+cp "docs/Release_${swing_version_old}.md" "${new_notes}"
+sed -i "s/${zend_version_old//./\\.}/${zend_version_new//./\\.}/g" "${new_notes}"
+sed -i "s/${swing_version_old//./\\.}/${swing_version_new//./\\.}/g" "${new_notes}"
+sed -i 's/is\ not\ `.*`/is\ not\ `TODO`/g' "${new_notes}"
+sed -i 's/^.*\ \ HorizenDesktopGUIWallet/TODO\ \ HorizenDesktopGUIWallet/g' "${new_notes}"
diff --git a/src/build/build.xml b/src/build/build.xml
index 97b3ffc5..9dbaa60c 100644
--- a/src/build/build.xml
+++ b/src/build/build.xml
@@ -103,7 +103,7 @@
 	
     <target name="ubuntuPackage" depends="jar,copyothers">	
     	<mkdir dir="${ubuntu.package.dir}"/>
-	    <deb destfile="${ubuntu.package.dir}/zencash-desktop-gui-wallet_1.0.5_all.deb"
+	    <deb destfile="${ubuntu.package.dir}/zencash-desktop-gui-wallet_1.0.6_all.deb"
 	    	 control="${deb.dir}/control"
 	    	 verbose="true">
 	    	
diff --git a/src/resources/messages/zencash_en.properties b/src/resources/messages/zencash_en.properties
index 2fbe8e0d..c77ba065 100644
--- a/src/resources/messages/zencash_en.properties
+++ b/src/resources/messages/zencash_en.properties
@@ -1,4 +1,4 @@
-main.frame.title=Horizen Desktop GUI Wallet 1.0.5
+main.frame.title=Horizen Desktop GUI Wallet 1.0.6
 main.frame.progressbar=Starting GUI wallet...
 main.frame.title.testnet=\u0020[using TESTNET]
 main.frame.tab.overview.title=Overview\u0020
diff --git a/src/resources/messages/zencash_it.properties b/src/resources/messages/zencash_it.properties
index 05f0474a..1aa00600 100644
--- a/src/resources/messages/zencash_it.properties
+++ b/src/resources/messages/zencash_it.properties
@@ -1,4 +1,4 @@
-main.frame.title=Horizen Desktop GUI Wallet 1.0.5
+main.frame.title=Horizen Desktop GUI Wallet 1.0.6
 main.frame.progressbar=Avviando la GUI...
 main.frame.title.testnet=\u0020[usando TESTNET]
 main.frame.tab.overview.title=Anteprima\u0020
diff --git a/zencash-wallet-swing/pom.xml b/zencash-wallet-swing/pom.xml
index 5cbc5b20..114b1dfa 100644
--- a/zencash-wallet-swing/pom.xml
+++ b/zencash-wallet-swing/pom.xml
@@ -7,7 +7,7 @@
     <parent>
         <groupId>com.zencash</groupId>
         <artifactId>HorizenSwingWalletUI</artifactId>
-        <version>1.0.5-SNAPSHOT</version>
+        <version>1.0.6-SNAPSHOT</version>
     </parent>
 
     <artifactId>zencash-wallet-swing</artifactId>
diff --git a/zencash-wallet-swing/src/deb/control/control b/zencash-wallet-swing/src/deb/control/control
index ba826da8..e4db9ef0 100644
--- a/zencash-wallet-swing/src/deb/control/control
+++ b/zencash-wallet-swing/src/deb/control/control
@@ -1,5 +1,5 @@
 Package: zencash-desktop-gui-wallet
-Version: 1.0.5
+Version: 1.0.6
 Section: misc
 Priority: low
 Architecture: all