diff --git a/package-lock.json b/package-lock.json
index ec2de9c..ae1d624 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
   "name": "@hashgraph/did-sdk-js",
-  "version": "0.1.0",
+  "version": "0.1.1",
   "lockfileVersion": 2,
   "requires": true,
   "packages": {
     "": {
       "name": "@hashgraph/did-sdk-js",
-      "version": "0.1.0",
+      "version": "0.1.1",
       "license": "Apache-2.0",
       "dependencies": {
         "@hashgraph/sdk": "^2.0.20",
@@ -19,7 +19,7 @@
         "chai": "^4.3.4",
         "mocha": "^9.0.1",
         "nodemon": "^2.0.7",
-        "typescript": "^4.3.2"
+        "typescript": "^5.5.2"
       }
     },
     "node_modules/@grpc/grpc-js": {
@@ -1979,16 +1979,16 @@
       }
     },
     "node_modules/typescript": {
-      "version": "4.4.2",
-      "resolved": "https://registry.npmjs.org/typescript/-/typescript-4.4.2.tgz",
-      "integrity": "sha512-gzP+t5W4hdy4c+68bfcv0t400HVJMMd2+H9B7gae1nQlBzCqvrXX+6GL/b3GAgyTH966pzrZ70/fRjwAtZksSQ==",
+      "version": "5.5.2",
+      "resolved": "https://registry.npmjs.org/typescript/-/typescript-5.5.2.tgz",
+      "integrity": "sha512-NcRtPEOsPFFWjobJEtfihkLCZCXZt/os3zf8nTxjVH3RvTSxjrCamJpbExGvYOF+tFHc3pA65qpdwPbzjohhew==",
       "dev": true,
       "bin": {
         "tsc": "bin/tsc",
         "tsserver": "bin/tsserver"
       },
       "engines": {
-        "node": ">=4.2.0"
+        "node": ">=14.17"
       }
     },
     "node_modules/undefsafe": {
@@ -3787,9 +3787,9 @@
       }
     },
     "typescript": {
-      "version": "4.4.2",
-      "resolved": "https://registry.npmjs.org/typescript/-/typescript-4.4.2.tgz",
-      "integrity": "sha512-gzP+t5W4hdy4c+68bfcv0t400HVJMMd2+H9B7gae1nQlBzCqvrXX+6GL/b3GAgyTH966pzrZ70/fRjwAtZksSQ==",
+      "version": "5.5.2",
+      "resolved": "https://registry.npmjs.org/typescript/-/typescript-5.5.2.tgz",
+      "integrity": "sha512-NcRtPEOsPFFWjobJEtfihkLCZCXZt/os3zf8nTxjVH3RvTSxjrCamJpbExGvYOF+tFHc3pA65qpdwPbzjohhew==",
       "dev": true
     },
     "undefsafe": {
diff --git a/package.json b/package.json
index 0aad9dd..ef4174d 100644
--- a/package.json
+++ b/package.json
@@ -32,7 +32,7 @@
     "chai": "^4.3.4",
     "mocha": "^9.0.1",
     "nodemon": "^2.0.7",
-    "typescript": "^4.3.2"
+    "typescript": "^5.5.2"
   },
   "dependencies": {
     "@hashgraph/sdk": "^2.0.20",