diff --git a/CHANGELOG.md b/CHANGELOG.md
new file mode 100644
index 0000000..2cf4f23
--- /dev/null
+++ b/CHANGELOG.md
@@ -0,0 +1,18 @@
+# Changelog
+
+All notable changes to this project will be documented in this file.
+The format is based on [Keep a Changelog](https://keepachangelog.com/en/1.0.0/).
+
+Procedure when bumping the version number:
+1. Update dependencies in a separate commit
+2. Set version number in `Cargo.toml`
+3. Add new section in this changelog
+4. Commit with message `Bump version to X.Y.Z`
+5. Create tag named `vX.Y.Z`
+6. Push `master` and the new tag
+
+## Unreleased
+
+## v0.1.0 - 2023-02-12
+
+Initial release
diff --git a/Cargo.toml b/Cargo.toml
index 48cb69f..3a3b297 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "vault"
-version = "0.0.0"
+version = "0.1.0"
 edition = "2021"
 
 [features]