diff --git a/HyperTrack.podspec b/HyperTrack.podspec
index e68c1ea..9cbd90d 100644
--- a/HyperTrack.podspec
+++ b/HyperTrack.podspec
@@ -2,7 +2,7 @@ Pod::Spec.new do |spec|
 
   # Root specification
   spec.name                     = "HyperTrack"
-  spec.version                  = "4.7.0"
+  spec.version                  = "4.8.0-rc.1"
   spec.summary                  = "A Movement tracking SDK for iOS"
   spec.description              = "HyperTrack is a Movement tracking SDK"
   spec.license                  = { :type => "Copyright", :text => "Copyright (c) 2020 HyperTrack, Inc. (https://www.hypertrack.com)" }
diff --git a/Package.swift b/Package.swift
index 0533bde..5b7a186 100644
--- a/Package.swift
+++ b/Package.swift
@@ -3,7 +3,7 @@
 import PackageDescription
 
 let name = "HyperTrack"
-let version = "4.7.0"
+let version = "4.8.0-rc.1"
 
 let package = Package(
   name: name,
@@ -13,7 +13,7 @@ let package = Package(
     .binaryTarget(
       name: name,
       url: "https://github.com/hypertrack/sdk-ios/releases/download/\(version)/\(name).xcframework.zip",
-      checksum: "34462f98c6b4e69f72b8c10548604f5d494790cfef7a37e160c308601bbaee61"
+      checksum: "175e50ff3165c19514eaf73cb58752cb3c89af37a1235ae286d8869694a8ceba"
     )
   ],
   swiftLanguageVersions: [.v5]