diff --git a/VERSION b/VERSION
index 3eefcb9..6e8bf73 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.0.0
+0.1.0
diff --git a/docker/ploughshares/app.py b/docker/ploughshares/app.py
index e7becda..ac60143 100644
--- a/docker/ploughshares/app.py
+++ b/docker/ploughshares/app.py
@@ -7,9 +7,14 @@ from datetime import datetime
 import generate_test_data
 import locale
 
-# Get version from VERSION file
-with open(os.path.join(os.path.dirname(os.path.dirname(os.path.dirname(__file__))), 'VERSION'), 'r') as f:
-    VERSION = f.read().strip()
+# Get version from environment variable or VERSION file
+VERSION = os.environ.get('APP_VERSION')
+if not VERSION:
+    try:
+        with open(os.path.join(os.path.dirname(os.path.dirname(os.path.dirname(__file__))), 'VERSION'), 'r') as f:
+            VERSION = f.read().strip()
+    except:
+        VERSION = "unknown"
 
 # Initialize the Flask app
 app = Flask(__name__)
@@ -55,7 +60,7 @@ def get_db_connection():
             cursor_factory=RealDictCursor
         )
         conn.autocommit = True
-        print(f"Connected to PostgreSQL at {host}:{port}")
+        print(f"Ploughshares v{VERSION} - Connected to PostgreSQL at {host}:{port}")
         return conn
     except psycopg2.OperationalError as e:
         print(f"Error connecting to PostgreSQL: {e}")
@@ -196,7 +201,7 @@ def bootstrap_database():
     """
     Checks if the database is empty and populates it with test data if it is.
     """
-    print("Checking database for existing data...")
+    print(f"Ploughshares v{VERSION} - Checking database for existing data...")
     conn = get_db_connection()
     if conn is None:
         print("Database connection failed. Exiting.")
@@ -206,7 +211,7 @@ def bootstrap_database():
         cur.execute("SELECT COUNT(*) FROM transactions")
         count = cur.fetchone()['count']
         if count == 0:
-            print("Database is empty. Populating with test data...")
+            print(f"Ploughshares v{VERSION} - Database is empty. Populating with test data...")
             test_data = generate_test_data.get_test_transactions()
             for transaction in test_data:
                 cur.execute(
@@ -225,9 +230,10 @@ def bootstrap_database():
                     transaction
                 )
             conn.commit()
-            print("Successfully inserted 10 test transactions.")
+            print(f"Ploughshares v{VERSION} - Successfully inserted 10 test transactions.")
     conn.close()
 
 if __name__ == '__main__':
+    print(f"Starting Ploughshares v{VERSION}")
     port = int(os.environ.get('FLASK_RUN_PORT', 5001))
     app.run(host='0.0.0.0', port=port) 
\ No newline at end of file
diff --git a/versionbump.sh b/versionbump.sh
index b573225..7b63dd2 100755
--- a/versionbump.sh
+++ b/versionbump.sh
@@ -1,11 +1,12 @@
 #!/bin/bash
 
-# versionbump.sh - Script to bump version numbers in the VERSION file
-# Usage: ./versionbump.sh [major|minor|patch]
+# versionbump.sh - Script to bump version numbers in the VERSION file and update all relevant files
+# Usage: ./versionbump.sh [major|minor|patch|set VERSION]
 
 set -e
 
 VERSION_FILE="VERSION"
+DOCKER_COMPOSE_FILE="docker-compose.yml"
 
 # Check if VERSION file exists
 if [ ! -f "$VERSION_FILE" ]; then
@@ -17,6 +18,44 @@ fi
 CURRENT_VERSION=$(cat "$VERSION_FILE")
 echo "Current version: $CURRENT_VERSION"
 
+# Function to update version in all necessary files
+update_version_everywhere() {
+    NEW_VERSION=$1
+    
+    # 1. Update VERSION file
+    echo "$NEW_VERSION" > "$VERSION_FILE"
+    echo "Updated $VERSION_FILE to $NEW_VERSION"
+    
+    # 2. Log the version change
+    echo "$(date): Version changed from $CURRENT_VERSION to $NEW_VERSION" >> version_history.log
+    
+    # 3. Update version in console log messages
+    # This ensures the version is visible in logs when the app starts
+    sed -i.bak "s/print(f\"Connected to PostgreSQL at/print(f\"Ploughshares v$NEW_VERSION - Connected to PostgreSQL at/" docker/ploughshares/app.py
+    rm -f docker/ploughshares/app.py.bak
+    echo "Updated version in app.py console logs"
+    
+    # 4. Update version in docker-compose.yml
+    sed -i.bak "s/APP_VERSION=.*/APP_VERSION=$NEW_VERSION/" "$DOCKER_COMPOSE_FILE"
+    rm -f "$DOCKER_COMPOSE_FILE.bak"
+    echo "Updated version in $DOCKER_COMPOSE_FILE"
+    
+    echo "Version update complete! New version: $NEW_VERSION"
+    echo "Remember to rebuild and restart the application for changes to take effect."
+}
+
+# Process command
+if [ "$1" = "set" ]; then
+    if [ -z "$2" ]; then
+        echo "Error: No version specified. Usage: $0 set VERSION"
+        exit 1
+    fi
+    NEW_VERSION="$2"
+    echo "Setting version to: $NEW_VERSION"
+    update_version_everywhere "$NEW_VERSION"
+    exit 0
+fi
+
 # Split version into components
 IFS='.' read -r MAJOR MINOR PATCH <<< "$CURRENT_VERSION"
 
@@ -35,21 +74,17 @@ case "$1" in
         PATCH=$((PATCH + 1))
         ;;
     *)
-        echo "Usage: $0 [major|minor|patch]"
-        echo "Example: $0 minor"
+        echo "Usage: $0 [major|minor|patch|set VERSION]"
+        echo "Examples:"
+        echo "  $0 minor         # Bump minor version"
+        echo "  $0 set 1.2.3     # Set specific version"
         exit 1
         ;;
 esac
 
 # Create new version string
 NEW_VERSION="${MAJOR}.${MINOR}.${PATCH}"
-echo "New version: $NEW_VERSION"
+echo "Bumping to version: $NEW_VERSION"
 
-# Update VERSION file
-echo "$NEW_VERSION" > "$VERSION_FILE"
-echo "Updated $VERSION_FILE to $NEW_VERSION"
-
-# Optional: Update other files that might need version updates
-# Add commands here to update version in other files if needed
-
-echo "Version bump complete!" 
\ No newline at end of file
+# Update version in all necessary files
+update_version_everywhere "$NEW_VERSION" 
\ No newline at end of file