diff --git a/app/config/core.php b/app/config/core.php
index ea7cd12e..7346705c 100644
--- a/app/config/core.php
+++ b/app/config/core.php
@@ -347,7 +347,7 @@
   $CWL['applicationID'] = '';
   $CWL['applicationPassword'] = '';
 
-  define('IPEER_VERSION', '3.4.6');
+  define('IPEER_VERSION', '3.4.7');
 
 
 /**
diff --git a/readme.md b/readme.md
index ad4a30d9..fcc6ae7c 100644
--- a/readme.md
+++ b/readme.md
@@ -201,6 +201,11 @@ You may optionally override the user default IRI (from `$base_url/users/view/$us
 
 `CALIPER_ACTOR_UNIQUE_IDENTIFIER_PARAM`: Optionally set the actor's unique identifier using any column from the `user` table (ex: `username`, `id`, `email`). Will be inserted into the `CALIPER_ACTOR_BASE_URL` string.
 
+iPeer 3.4.7
+-----------
+* Increase PHP memory limit for docker container
+* Fix logging issue for docker container
+
 iPeer 3.4.6
 -----------
 * FIX mixeval edit (#660)
diff --git a/version.txt b/version.txt
index 1cf82530..2aa51319 100644
--- a/version.txt
+++ b/version.txt
@@ -1 +1 @@
-3.4.6
+3.4.7