diff --git a/.github/workflows/build-images.reusable.yaml b/.github/workflows/build-images.reusable.yaml
new file mode 100644
index 000000000..c4c0dac93
--- /dev/null
+++ b/.github/workflows/build-images.reusable.yaml
@@ -0,0 +1,42 @@
+name: Build and Push Docker Image
+
+on:
+  workflow_call:
+    inputs:
+      directory:
+        required: true
+        type: string
+      image_tags:
+        required: true
+        type: string
+
+jobs:
+  build-and-push-image:
+    name: Build and Push Docker Image
+    runs-on: ubuntu-latest
+    steps:
+      - name: Checkout code
+        uses: actions/checkout@v3
+
+      - name: Set up Node.js
+        uses: actions/setup-node@v3
+        with:
+          node-version: "16"
+
+      - name: Set up Docker Buildx
+        uses: docker/setup-buildx-action@v3
+
+      - name: Login to Docker Hub
+        uses: docker/login-action@v1
+        with:
+          username: ${{ secrets.IOTALEDGER_DOCKER_USERNAME }}
+          password: ${{ secrets.IOTALEDGER_DOCKER_PASSWORD }}
+
+      - name: Build and push Docker image for ${{ inputs.directory }}
+        uses: docker/build-push-action@v2
+        with:
+          context: ./${{ inputs.directory }}
+          file: ./${{ inputs.directory }}/Dockerfile
+          push: true
+          tags: ${{ inputs.image_tags }}
+          no-cache: true
diff --git a/.github/workflows/build.yaml b/.github/workflows/build.yaml
deleted file mode 100644
index 97cf5d564..000000000
--- a/.github/workflows/build.yaml
+++ /dev/null
@@ -1,37 +0,0 @@
-name: Build All with Node versions 16.16, 16.20.2
-
-on:
-  push:
-    branches: [main, dev]
-    paths:
-      - "api/**"
-      - "client/**"
-      - ".github/workflows/build.yaml"
-
-concurrency:
-  group: build-${{ github.ref }}
-  cancel-in-progress: true
-
-jobs:
-  build:
-    runs-on: ubuntu-latest
-    strategy:
-      matrix:
-        node: [ '16.16', '16.20.2' ]
-    name: Node ${{ matrix.node }}
-    steps:
-      - uses: actions/checkout@v2
-      - name: Setup Node ${{ matrix.node }}
-        uses: actions/setup-node@v1
-        with:
-          node-version: ${{ matrix.node }}
-      - name: npm 8
-        run: npm install -g npm@8
-      - name: Build
-        run: |
-          cd client
-          npm install
-          npm run build
-          cd ../api
-          npm install
-          npm run build
diff --git a/.github/workflows/create-draft-release.reusable.yaml b/.github/workflows/create-draft-release.reusable.yaml
new file mode 100644
index 000000000..40dc71615
--- /dev/null
+++ b/.github/workflows/create-draft-release.reusable.yaml
@@ -0,0 +1,75 @@
+name: Create Draft Release
+
+on:
+  workflow_call:
+    inputs:
+      name:
+        required: true
+        type: string
+      version_tag:
+        required: true
+        type: string
+
+jobs:
+  github_draft_release:
+    name: Create Draft Release
+    runs-on: ubuntu-latest
+    steps:
+      - name: Checkout
+        uses: actions/checkout@v3
+
+      - name: Prepare repository tags
+        run: |
+          if git rev-parse --is-shallow-repository | grep -q 'true'; then
+            git fetch --prune --unshallow --tags -f
+          else
+            git fetch --prune --tags -f
+          fi
+
+      - name: Build changelog
+        id: build_changelog
+        run: |
+          echo "Building changelog..."
+
+          # Create a changelog file with a header:
+          echo "# Changelog" > CHANGELOG.md
+
+          # Check repository tags and the last tagged commit
+          n_tags=`git tag -l 'v*' --sort=-v:refname | wc -l`
+          prev_tag=`git tag -l 'v*' --sort=-v:refname | sed '2q;d'`
+          if [ $n_tags -eq 1 ]; then
+            last_commit=`git rev-list --max-parents=0 HEAD`
+          else
+            last_commit=`git rev-list -n 1 $prev_tag`
+          fi
+
+          # Fill the changelog file with the commits since the last tag
+          # Set max tries to equal the maximum number of commits as protection
+          max_tries=`git rev-list --count HEAD`
+          i=0
+          while [ `git rev-parse HEAD~$i` != $last_commit ] && [ $i -lt $((max_tries-1)) ]
+          do
+            echo '- ' `git show -s --format=%s HEAD~$i` >> CHANGELOG.md
+            i=$((i+1))
+          done
+
+          # Set the complete changelog url
+          echo >> CHANGELOG.md
+          compare=""
+          if [ $n_tags -eq 1 ]; then
+            compare=$last_commit
+          else
+            compare=$prev_tag
+          fi
+          compare="${compare}...`git tag -l 'v*' --sort=-v:refname | sed '1q;d'`"
+          echo "**Full Changelog**: https://github.com/${{ github.repository }}/compare/${compare}" >> CHANGELOG.md
+
+          echo "Changelog built successfully."
+
+      - name: Create Draft Release
+        uses: softprops/action-gh-release@v1
+        with:
+            name: ${{ inputs.name }}
+            tag_name: ${{ inputs.version_tag }}
+            draft: true
+            body_path: CHANGELOG.md
diff --git a/.github/workflows/nova-docker-deploy.yaml b/.github/workflows/nova-docker-deploy.yaml
deleted file mode 100644
index 5804fad5e..000000000
--- a/.github/workflows/nova-docker-deploy.yaml
+++ /dev/null
@@ -1,72 +0,0 @@
-name: Nova Deploy Workflow
-
-on:
-  workflow_dispatch:
-    inputs:
-      deployment:
-        type: boolean
-        description: 'Deploy after build?'
-        required: false
-        default: false
-      environment:
-        type: choice
-        description: 'Select the environment to deploy to'
-        options:
-          - nova
-        required: false
-        default: nova
-  push:
-    branches:
-      - nova
-
-jobs:
-  build-and-deploy:
-    runs-on: ubuntu-latest
-    steps:
-    - name: Checkout code
-      uses: actions/checkout@v2
-
-    - name: Set up Docker Buildx
-      uses: docker/setup-buildx-action@v1
-
-    - name: Login to Docker Hub
-      uses: docker/login-action@v1
-      with:
-        username: ${{ secrets.IOTALEDGER_DOCKER_USERNAME }}
-        password: ${{ secrets.IOTALEDGER_DOCKER_PASSWORD }}
-
-    - name: Get the short commit hash
-      run: |
-        COMMIT_HASH=$(git rev-parse --short HEAD)
-        echo "VERSION=$COMMIT_HASH" >> $GITHUB_ENV
-
-    - name: Set up Environment Variable
-      run: echo "DEPLOY_ENV=${{ github.event.inputs.environment }}" >> $GITHUB_ENV
-
-    - name: Build and push API Docker image
-      uses: docker/build-push-action@v2
-      with:
-        context: ./api
-        file: ./api/Dockerfile
-        push: true
-        tags: iotaledger/explorer-api:${{ env.VERSION }}
-        no-cache: true
-
-    - name: Build and push Client Docker image
-      uses: docker/build-push-action@v2
-      with:
-        context: ./client
-        file: ./client/Dockerfile
-        push: true
-        tags: iotaledger/explorer-client:${{ env.VERSION }}
-        no-cache: true
-
-    - name: Add SSH key
-      uses: webfactory/ssh-agent@v0.5.2
-      with:
-        ssh-private-key: ${{ secrets.UPDATER_SSH_PRIVATE_KEY }}
-
-    - name: Deploy to Server
-      if: ${{ github.event.inputs.deployment }}
-      run: |
-            ssh -o StrictHostKeyChecking=no updater@${{ secrets.EXPLORER_NOVA_GATEWAY }} "${{ env.DEPLOY_ENV }} ${{ env.VERSION }}"
diff --git a/.github/workflows/release-production.yaml b/.github/workflows/release-production.yaml
new file mode 100644
index 000000000..f939f98e0
--- /dev/null
+++ b/.github/workflows/release-production.yaml
@@ -0,0 +1,58 @@
+name: Release Explorer to Production
+
+on:
+  push:
+    tags:
+      - "v[0-9]+.[0-9]+.[0-9]+"
+      - "!v[0-9]+.[0-9]+.[0-9]+-rc.[0-9]+"
+
+jobs:
+  set_tags:
+    name: Set Tags
+    runs-on: ubuntu-latest
+    outputs:
+      version_tag: ${{ steps.set_version_tag.outputs.version_tag }}
+    steps:
+      - name: Set up the version tag for docker images
+        id: set_version_tag
+        run: |
+          echo "VERSION_TAG=${GITHUB_REF#refs/tags/}" >> $GITHUB_OUTPUT
+
+  use-reusable-workflow:
+    strategy:
+      matrix:
+        directory: [api, client]
+    name: Build Images
+    needs: set_tags
+    uses: ./.github/workflows/build-images.reusable.yaml
+    with:
+      directory: ${{ matrix.directory }}
+      image_tags: |
+        iotaledger/explorer-${{ matrix.directory }}:${{ needs.set_tags.outputs.version_tag }}
+        iotaledger/explorer-${{ matrix.directory }}:latest
+    secrets: inherit
+
+  deploy_to_server:
+    name: Deploy Production to Server
+    needs: [set_tags, use-reusable-workflow]
+    runs-on: ubuntu-latest
+    strategy:
+      matrix:
+        environment: [prod, shimmer-prod]
+    steps:
+      - name: Add SSH key
+        uses: webfactory/ssh-agent@v0.5.2
+        with:
+          ssh-private-key: ${{ secrets.UPDATER_SSH_PRIVATE_KEY }}
+
+      - name: Deploy to Server
+        run: |
+          ssh -o StrictHostKeyChecking=no updater@${{ secrets.EXPLORER_GATEWAY }} "${{ matrix.environment }} ${{ needs.set_tags.outputs.version_tag }}"
+
+  create_draft_release:
+    name: Create Draft Release
+    needs: [set_tags, use-reusable-workflow, deploy_to_server]
+    uses: ./.github/workflows/create-draft-release.reusable.yaml
+    with:
+      name: Explorer ${{ needs.set_tags.outputs.version_tag }}
+      version_tag: ${{ needs.set_tags.outputs.version_tag }}
diff --git a/.github/workflows/release-staging.yaml b/.github/workflows/release-staging.yaml
new file mode 100644
index 000000000..8556b8d54
--- /dev/null
+++ b/.github/workflows/release-staging.yaml
@@ -0,0 +1,71 @@
+name: Release Explorer to Staging
+
+on:
+  push:
+    tags:
+      - "v[0-9]+.[0-9]+.[0-9]+-rc.[0-9]+" # Versioning pattern 'v1.0.0-rc.0'
+  workflow_dispatch:
+    inputs:
+      tag:
+        description: "Tag"
+        required: true
+        default: "v1.0.0-rc.0"
+
+jobs:
+  set_tags:
+    name: Set Tags
+    runs-on: ubuntu-latest
+    outputs:
+      version_tag: ${{ steps.set_version_tag.outputs.version_tag }}
+    steps:
+      - name: Checkout
+        uses: actions/checkout@v2
+
+      # If the workflow was triggered by a tag, use the tag as the version.
+      # Otherwise, use the tag from the workflow_dispatch event.
+      - name: Set up the version tag for docker images
+        id: set_version_tag
+        run: |
+          if [ "${{ github.event_name }}" = "push" ]; then
+            echo "VERSION_TAG=${GITHUB_REF#refs/tags/}" >> $GITHUB_OUTPUT
+          elif [ "${{ github.event_name }}" = "workflow_dispatch" ]; then
+            echo "VERSION_TAG=${{ github.event.inputs.tag }}" >> $GITHUB_OUTPUT
+          fi
+
+  use-reusable-workflow:
+    strategy:
+      matrix:
+        directory: [api, client]
+    name: Build Image
+    needs: set_tags
+    uses: ./.github/workflows/build-images.reusable.yaml
+    with:
+      directory: ${{ matrix.directory }}
+      image_tags: |
+        iotaledger/explorer-${{ matrix.directory }}:${{ needs.set_tags.outputs.version_tag }}
+    secrets: inherit
+
+  deploy_to_server:
+    name: Deploy Staging to Server
+    needs: [set_tags, use-reusable-workflow]
+    runs-on: ubuntu-latest
+    strategy:
+      matrix:
+        environment: [staging, shimmer-staging]
+    steps:
+      - name: Add SSH key
+        uses: webfactory/ssh-agent@v0.5.2
+        with:
+          ssh-private-key: ${{ secrets.UPDATER_SSH_PRIVATE_KEY }}
+
+      - name: Deploy to Server
+        run: |
+          ssh -o StrictHostKeyChecking=no updater@${{ secrets.EXPLORER_GATEWAY }} "${{ matrix.environment }} ${{ needs.set_tags.outputs.version_tag }}"
+
+  create_draft_release:
+    name: Create Draft Release
+    needs: [set_tags, use-reusable-workflow, deploy_to_server]
+    uses: ./.github/workflows/create-draft-release.reusable.yaml
+    with:
+      name: Explorer ${{ needs.set_tags.outputs.version_tag }}
+      version_tag: ${{ needs.set_tags.outputs.version_tag }}
diff --git a/package.json b/package.json
index 2dfbff78c..737fdc362 100644
--- a/package.json
+++ b/package.json
@@ -1,5 +1,7 @@
 {
     "name": "explorer",
+    "description": "Tangle Explorer",
+    "version": "3.3.2",
     "scripts": {
         "setup:client": "cd client && npm install && npm run postinstall",
         "setup:api": "cd api && npm install && npm run build-compile && npm run build-config",
@@ -7,7 +9,8 @@
         "clear": "rimraf api/node_modules api/dist client/node_modules client/build",
         "dev": "concurrently 'cd api && npm run start-dev' 'cd client && npm run start'",
         "prepare": "husky install",
-        "format": "concurrently 'cd api && npm run format' 'cd client && npm run format'"
+        "format": "concurrently 'cd api && npm run format' 'cd client && npm run format'",
+        "tag:release": "./scripts/tag_release.sh"
     },
     "devDependencies": {
         "@typescript-eslint/eslint-plugin": "^6.18.1",
diff --git a/scripts/tag_release.sh b/scripts/tag_release.sh
new file mode 100755
index 000000000..8fce4cb1d
--- /dev/null
+++ b/scripts/tag_release.sh
@@ -0,0 +1,74 @@
+#!/bin/bash
+
+# Read target version from command line
+TARGET_VERSION=$1
+CURRENT_VERSION=$(sed -n 's/.*"version": "\([^"]*\)".*/\1/p' package.json)
+
+if [[ -z $TARGET_VERSION ]]; then
+    echo "Current version (root) is v$CURRENT_VERSION"
+    read -p "Please specify target version: " TARGET_VERSION
+    read -n 1 -p "Confirm version change 'v$CURRENT_VERSION' -> 'v$TARGET_VERSION' ? (Enter): " CONFIRM_VERSION
+
+    if [[ $CONFIRM_VERSION != "" ]]; then
+        echo "Aborting..."
+        exit 1
+    fi
+else
+    echo "Target version: v$TARGET_VERSION"
+fi
+
+echo "Bumping version in package.json..."
+sed -i.bak "4s/version\": \"\(.*\)\"/version\": \"$TARGET_VERSION\"/g" package.json
+rm package.json.bak
+
+echo "Bumping version in api/package.json..."
+cd "./api"
+sed -i.bak "4s/version\": \"\(.*\)\"/version\": \"$TARGET_VERSION\"/g" package.json
+rm package.json.bak
+
+echo "Bumping version in client/package.json..."
+cd "../client"
+sed -i.bak "4s/version\": \"\(.*\)\"/version\": \"$TARGET_VERSION\"/g" package.json
+rm package.json.bak
+cd "../"
+
+read -n 1 -p "Confirm making a bump commit and tagging with 'v$TARGET_VERSION' ? (Enter): " CONFIRM_BUMP
+
+if [[ $CONFIRM_BUMP != "" ]]; then
+    echo "Aborting..."
+    exit 1
+fi
+
+cd "./api"
+npm i
+cd "../client"
+npm i
+cd "../"
+
+echo "Making a bump commit..."
+files_to_add=("package.json" "package-lock.json")
+folders_to_add=("." "api" "client")
+for folder in "${folders_to_add[@]}"
+do
+    for file in "${files_to_add[@]}"
+    do
+        git add "$folder/$file"
+    done
+done
+
+git commit -S -m "chore: bump version to v$TARGET_VERSION"
+
+echo "Tagging commit with 'v$TARGET_VERSION'..."
+git tag v$TARGET_VERSION
+
+read -n 1 -p "Do you want to push branch and tags ? (Enter): " CONFIRM_PUSH
+if [[ $CONFIRM_PUSH != "" ]]; then
+    echo "Exiting without pushing..."
+    exit 1
+fi
+
+echo "Pushing branch and tags..."
+git push
+git push origin refs/tags/v$TARGET_VERSION
+echo "Done!"
+