diff --git a/.circleci/config.yml b/.circleci/config.yml
index 74b2ecb..90c92bf 100644
--- a/.circleci/config.yml
+++ b/.circleci/config.yml
@@ -12,9 +12,9 @@ jobs:
           keys:
             - backendsdk01-{{ checksum "Cargo.toml" }}
       - run: | #TODO: enable 'stable' and 'beta' once `allocator_api` becomes stable
-          rustup toolchain install nightly-2021-02-27
-          rustup default nightly-2021-02-27
-          rustup override set nightly-2021-02-27
+          rustup toolchain install nightly-2022-03-20
+          rustup default nightly-2022-03-20
+          rustup override set nightly-2022-03-20
           rustup component add rustfmt
           rustup component add clippy
           cargo fmt --all -- --check --color always
diff --git a/Cargo.lock b/Cargo.lock
index f4e64e1..84b9026 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -68,6 +68,15 @@ version = "1.4.3"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "14c189c53d098945499cdfa7ecc63567cf3886b3332b312a5b4585d8d3a6a610"
 
+[[package]]
+name = "bytesize"
+version = "1.1.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "6c58ec36aac5066d5ca17df51b3e70279f5670a72102f5752cb7e7c856adfc70"
+dependencies = [
+ "serde",
+]
+
 [[package]]
 name = "cargo_toml"
 version = "0.8.1"
@@ -261,8 +270,18 @@ version = "0.12.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "5f2c43f534ea4b0b049015d00269734195e6d3f0f6635cb692251aca6f9f8b3c"
 dependencies = [
- "darling_core",
- "darling_macro",
+ "darling_core 0.12.4",
+ "darling_macro 0.12.4",
+]
+
+[[package]]
+name = "darling"
+version = "0.13.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "a01d95850c592940db9b8194bc39f4bc0e89dee5c4265e4b1807c34a9aba453c"
+dependencies = [
+ "darling_core 0.13.4",
+ "darling_macro 0.13.4",
 ]
 
 [[package]]
@@ -279,13 +298,38 @@ dependencies = [
  "syn",
 ]
 
+[[package]]
+name = "darling_core"
+version = "0.13.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "859d65a907b6852c9361e3185c862aae7fafd2887876799fa55f5f99dc40d610"
+dependencies = [
+ "fnv",
+ "ident_case",
+ "proc-macro2",
+ "quote",
+ "strsim",
+ "syn",
+]
+
 [[package]]
 name = "darling_macro"
 version = "0.12.4"
 source = "registry+https://github.com/rust-lang/crates.io-index"
 checksum = "29b5acf0dea37a7f66f7b25d2c5e93fd46f8f6968b1a5d7a3e02e97768afc95a"
 dependencies = [
- "darling_core",
+ "darling_core 0.12.4",
+ "quote",
+ "syn",
+]
+
+[[package]]
+name = "darling_macro"
+version = "0.13.4"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "9c972679f83bdf9c42bd905396b6c3588a843a17f0f16dfcfa3e2c5d57441835"
+dependencies = [
+ "darling_core 0.13.4",
  "quote",
  "syn",
 ]
@@ -346,13 +390,14 @@ dependencies = [
 
 [[package]]
 name = "fluence-app-service"
-version = "0.10.2"
+version = "0.17.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "01c66660de99826038c5ec4ad0f5dccf10b1c8a15924aeaa5315ab49d718bfc9"
+checksum = "45d7990901492d79debb862d121442c935415f288e1d93234d1aede5a8a0a406"
 dependencies = [
  "fluence-faas",
  "log",
  "maplit",
+ "marine-min-it-version",
  "serde",
  "serde_derive",
  "serde_json",
@@ -362,11 +407,13 @@ dependencies = [
 
 [[package]]
 name = "fluence-faas"
-version = "0.9.3"
+version = "0.16.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "2abf1682505636b8c3436a2787df7bbae426d4f5277f5ae4ad193032b318b7f1"
+checksum = "d382277889aa36f38cb861e40f91d19e9fe87325d3719a62a18e0d725e5064cc"
 dependencies = [
+ "bytesize",
  "cmd_lib",
+ "it-json-serde",
  "itertools 0.9.0",
  "log",
  "marine-module-interface",
@@ -378,6 +425,7 @@ dependencies = [
  "serde",
  "serde_derive",
  "serde_json",
+ "serde_with",
  "thiserror",
  "toml",
  "wasmer-interface-types-fl",
@@ -565,17 +613,41 @@ dependencies = [
 ]
 
 [[package]]
-name = "it-lilo"
-version = "0.1.0"
+name = "it-json-serde"
+version = "0.3.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "99ccf40e1e08f6f47ffbafe3cfb2e3adb721ddde80b178240f038d07dc9652fb"
+checksum = "d11e4c01d0c15e4126541261b2ab17375da37d19e5d19bcea549ba236e8b4a82"
+dependencies = [
+ "serde",
+ "serde_derive",
+ "serde_json",
+ "serde_with",
+ "thiserror",
+ "wasmer-interface-types-fl",
+]
+
+[[package]]
+name = "it-lilo"
+version = "0.4.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "6a39dffcc610873b4c39b0fe04acac5ea77cf2eda9ed3d8a3b970b536d4e24c8"
 dependencies = [
  "fluence-it-types",
+ "it-memory-traits",
  "log",
  "paste",
  "thiserror",
 ]
 
+[[package]]
+name = "it-memory-traits"
+version = "0.3.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "ca1799ed89e51a192e80a14ab14589044de9e58f0be86087ae8699cbe59f5c40"
+dependencies = [
+ "thiserror",
+]
+
 [[package]]
 name = "it-to-bytes"
 version = "0.1.0"
@@ -663,16 +735,16 @@ checksum = "3e2e65a1a2e43cfcb47a895c4c8b10d1f4a61097f9f254f183aee60cad9c651d"
 
 [[package]]
 name = "marine-build-rs-generator"
-version = "0.4.1"
+version = "0.5.0"
 dependencies = [
  "marine-test-macro-impl",
 ]
 
 [[package]]
 name = "marine-it-generator"
-version = "0.5.6"
+version = "0.8.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "890b228b9151e9dff213501986f564445a2f9ca5a706088b5d900f5ecf67f7e7"
+checksum = "0ebdfd1c29b954fc538e03ba9a7e95a5159175fafa41929587e7fc7bb950f02c"
 dependencies = [
  "cargo_toml",
  "it-lilo",
@@ -688,9 +760,9 @@ dependencies = [
 
 [[package]]
 name = "marine-it-interfaces"
-version = "0.4.1"
+version = "0.7.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "42e229143e72ba20e754de4766ff0d02e0cf176001f7471593f82b16c72dc26d"
+checksum = "96669170af512d5e204ac3e7ce73691805120b95abfe9e7d247379128be5d9c7"
 dependencies = [
  "multimap",
  "wasmer-interface-types-fl",
@@ -698,9 +770,9 @@ dependencies = [
 
 [[package]]
 name = "marine-it-parser"
-version = "0.6.8"
+version = "0.9.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "edd97bd85072fc540763769be153a7c8ee83391e668b37ef96d6c48decec2cd5"
+checksum = "07385efa5f6779143db076da84fcc786db6060815f828a050a83687d7c58e71f"
 dependencies = [
  "anyhow",
  "itertools 0.10.1",
@@ -750,6 +822,16 @@ dependencies = [
  "syn",
 ]
 
+[[package]]
+name = "marine-min-it-version"
+version = "0.1.0"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "890269754a531810b8c16cf00e6161e01c1183ef7ff4ff20117656316e9fdbd1"
+dependencies = [
+ "once_cell",
+ "semver 0.11.0",
+]
+
 [[package]]
 name = "marine-module-info-parser"
 version = "0.2.2"
@@ -768,9 +850,9 @@ dependencies = [
 
 [[package]]
 name = "marine-module-interface"
-version = "0.1.6"
+version = "0.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "06bc36ef268bf7436916f1fa9b0c84104692a717ea5eef3c90b9f25c3407f6b7"
+checksum = "0d8b91a2c8d7905bad5d8a787a5aaab8fe9ec9efabead2ed031259c385d0b787"
 dependencies = [
  "anyhow",
  "itertools 0.10.1",
@@ -781,7 +863,6 @@ dependencies = [
  "thiserror",
  "walrus",
  "wasmer-interface-types-fl",
- "wasmer-runtime-core-fl",
 ]
 
 [[package]]
@@ -809,7 +890,7 @@ dependencies = [
 
 [[package]]
 name = "marine-rs-sdk-test"
-version = "0.4.1"
+version = "0.5.0"
 dependencies = [
  "fluence-app-service",
  "marine-build-rs-generator",
@@ -822,17 +903,20 @@ dependencies = [
 
 [[package]]
 name = "marine-runtime"
-version = "0.7.2"
+version = "0.14.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "983262d394c59d4321b141e303eb55015bc412f319d54bbad7f253e4583253b2"
+checksum = "d30e6f7fc6921497e1b7aba3737972fdae856d5c6a3f50eb4781ec9b40ec41b4"
 dependencies = [
  "anyhow",
  "boolinator",
+ "bytesize",
  "it-lilo",
+ "it-memory-traits",
  "log",
  "marine-it-generator",
  "marine-it-interfaces",
  "marine-it-parser",
+ "marine-min-it-version",
  "marine-module-info-parser",
  "marine-module-interface",
  "marine-utils",
@@ -852,7 +936,7 @@ dependencies = [
 
 [[package]]
 name = "marine-test-macro"
-version = "0.4.1"
+version = "0.5.0"
 dependencies = [
  "marine-test-macro-impl",
  "proc-macro-error",
@@ -863,9 +947,9 @@ dependencies = [
 
 [[package]]
 name = "marine-test-macro-impl"
-version = "0.4.1"
+version = "0.5.0"
 dependencies = [
- "darling",
+ "darling 0.12.4",
  "fluence-app-service",
  "itertools 0.10.1",
  "marine-it-parser",
@@ -890,9 +974,9 @@ dependencies = [
 
 [[package]]
 name = "marine-utils"
-version = "0.2.0"
+version = "0.4.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "8dc5838acba84ce4d802d672afd0814fae0ae7098021ae5b06d975e70d09f812"
+checksum = "1cff7a23a7f3925a712c34dfb9cd87994012d7743f016fd1533e12ab5a8335ca"
 
 [[package]]
 name = "memchr"
@@ -999,9 +1083,9 @@ dependencies = [
 
 [[package]]
 name = "parity-wasm"
-version = "0.41.0"
+version = "0.42.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "ddfc878dac00da22f8f61e7af3157988424567ab01d9920b962ef7dcbd7cd865"
+checksum = "be5e13c266502aadf83426d87d81a0f5d1ef45b8027f5a471c360abfe4bfae92"
 
 [[package]]
 name = "parking_lot"
@@ -1087,9 +1171,9 @@ dependencies = [
 
 [[package]]
 name = "pwasm-utils"
-version = "0.12.0"
+version = "0.18.2"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "4f7a12f176deee919f4ba55326ee17491c8b707d0987aed822682c821b660192"
+checksum = "880b3384fb00b8f6ecccd5d358b93bd2201900ae3daad213791d1864f6441f5c"
 dependencies = [
  "byteorder",
  "log",
@@ -1156,6 +1240,12 @@ dependencies = [
  "semver 0.9.0",
 ]
 
+[[package]]
+name = "rustversion"
+version = "1.0.6"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "f2cc38e8fa666e2de3c4aba7edeb5ffc5246c1c2ed0e3d17e560aeeba736b23f"
+
 [[package]]
 name = "ryu"
 version = "1.0.5"
@@ -1209,9 +1299,9 @@ dependencies = [
 
 [[package]]
 name = "serde"
-version = "1.0.118"
+version = "1.0.136"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "06c64263859d87aa2eb554587e2d23183398d617427327cf2b3d0ed8c69e4800"
+checksum = "ce31e24b01e1e524df96f1c2fdd054405f8d7376249a5110886fb4b658484789"
 dependencies = [
  "serde_derive",
 ]
@@ -1237,9 +1327,9 @@ dependencies = [
 
 [[package]]
 name = "serde_derive"
-version = "1.0.118"
+version = "1.0.136"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "c84d3526699cd55261af4b941e4e725444df67aa4f9e6a3564f18030d12672df"
+checksum = "08597e7152fcd306f41838ed3e37be9eaeed2b61c42e2117266a554fab4662f9"
 dependencies = [
  "proc-macro2",
  "quote",
@@ -1257,6 +1347,29 @@ dependencies = [
  "serde",
 ]
 
+[[package]]
+name = "serde_with"
+version = "1.12.1"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "946fa04a8ac43ff78a1f4b811990afb9ddbdf5890b46d6dda0ba1998230138b7"
+dependencies = [
+ "rustversion",
+ "serde",
+ "serde_with_macros",
+]
+
+[[package]]
+name = "serde_with_macros"
+version = "1.5.2"
+source = "registry+https://github.com/rust-lang/crates.io-index"
+checksum = "e182d6ec6f05393cc0e5ed1bf81ad6db3a8feedf8ee515ecdd369809bcce8082"
+dependencies = [
+ "darling 0.13.4",
+ "proc-macro2",
+ "quote",
+ "syn",
+]
+
 [[package]]
 name = "smallvec"
 version = "1.6.1"
@@ -1532,12 +1645,13 @@ dependencies = [
 
 [[package]]
 name = "wasmer-interface-types-fl"
-version = "0.20.2"
+version = "0.23.0"
 source = "registry+https://github.com/rust-lang/crates.io-index"
-checksum = "14ba3b5a07989987994b96bf5cc7ac2947005f9ff6123d71b7064232f07d28fa"
+checksum = "1246e98bc1798552556d4ded306c37cbf73b3ffb52183d2605c0129f58fcc98a"
 dependencies = [
  "fluence-it-types",
  "it-lilo",
+ "it-memory-traits",
  "it-to-bytes",
  "itertools 0.10.1",
  "log",
diff --git a/Cargo.toml b/Cargo.toml
index c334075..e21dc62 100644
--- a/Cargo.toml
+++ b/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "marine-rs-sdk-test"
-version = "0.4.1"  # remember to update html_root_url
+version = "0.5.0"  # remember to update html_root_url
 description = "Backend SDK that allows testing modules for the Marine runtime"
 documentation = "https://docs.rs/marine-rs-sdk-test"
 repository = "https://github.com/fluencelabs/marine-rs-sdk-test"
@@ -21,9 +21,9 @@ doctest = false
 trybuild = "1.0"
 
 [dependencies]
-marine-test-macro = { path = "crates/marine-test-macro", version = "=0.4.1" }
-marine-build-rs-generator = { path = "crates/marine-build-rs-generator", version = "=0.4.1" }
-fluence-app-service = { version = "0.10.2", features = ["raw-module-api"] }
+marine-test-macro = { path = "crates/marine-test-macro", version = "=0.5.0" }
+marine-build-rs-generator = { path = "crates/marine-build-rs-generator", version = "=0.5.0" }
+fluence-app-service = { version = "0.17.0", features = ["raw-module-api"] }
 
 serde = { version = "1.0.118", features = ["derive"] }
 serde_json = "1.0.64"
diff --git a/crates/marine-build-rs-generator/Cargo.toml b/crates/marine-build-rs-generator/Cargo.toml
index 009a64d..676bc76 100644
--- a/crates/marine-build-rs-generator/Cargo.toml
+++ b/crates/marine-build-rs-generator/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "marine-build-rs-generator"
-version = "0.4.1"  # remember to update html_root_url
+version = "0.5.0"  # remember to update html_root_url
 edition = "2018"
 description = "Tools for generating marine_test_env in build scripts"
 documentation = "https://docs.rs/marine-build-rs-generator"
@@ -17,5 +17,5 @@ all-features = true
 doctest = false
 
 [dependencies]
-marine-test-macro-impl = { path = "../marine-test-macro-impl", version = "=0.4.1" }
+marine-test-macro-impl = { path = "../marine-test-macro-impl", version = "=0.5.0" }
 
diff --git a/crates/marine-build-rs-generator/src/lib.rs b/crates/marine-build-rs-generator/src/lib.rs
index 05e8836..bc50aaa 100644
--- a/crates/marine-build-rs-generator/src/lib.rs
+++ b/crates/marine-build-rs-generator/src/lib.rs
@@ -14,7 +14,7 @@
  * limitations under the License.
  */
 
-#![doc(html_root_url = "https://docs.rs/marine-build-rs-generator/0.4.1")]
+#![doc(html_root_url = "https://docs.rs/marine-build-rs-generator/0.5.0")]
 #![deny(
     dead_code,
     nonstandard_style,
diff --git a/crates/marine-test-macro-impl/Cargo.toml b/crates/marine-test-macro-impl/Cargo.toml
index b2a9883..0222c2c 100644
--- a/crates/marine-test-macro-impl/Cargo.toml
+++ b/crates/marine-test-macro-impl/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "marine-test-macro-impl"
-version = "0.4.1"  # remember to update html_root_url
+version = "0.5.0"  # remember to update html_root_url
 edition = "2018"
 description = "Implementation of the `#[marine_test]` macro"
 documentation = "https://docs.rs/fluence/marine-test-macro-impl"
@@ -14,8 +14,8 @@ license = "Apache-2.0"
 all-features = true
 
 [dependencies]
-fluence-app-service = { version = "0.10.2", features = ["raw-module-api"] }
-marine-it-parser = "0.6.5"
+fluence-app-service = { version = "0.17.0", features = ["raw-module-api"] }
+marine-it-parser = "0.9.0"
 itertools = "0.10.1"
 darling = "0.12.2"
 quote = "1.0.9"
diff --git a/crates/marine-test-macro/Cargo.toml b/crates/marine-test-macro/Cargo.toml
index dd8d65d..e6d77ab 100644
--- a/crates/marine-test-macro/Cargo.toml
+++ b/crates/marine-test-macro/Cargo.toml
@@ -1,6 +1,6 @@
 [package]
 name = "marine-test-macro"
-version = "0.4.1"  # remember to update html_root_url
+version = "0.5.0"  # remember to update html_root_url
 edition = "2018"
 description = "Definition of the `#[marine_test]` macro"
 documentation = "https://docs.rs/fluence/marine-test-macro"
@@ -18,7 +18,7 @@ proc-macro = true
 doctest = false
 
 [dependencies]
-marine-test-macro-impl = { path = "../marine-test-macro-impl", version = "=0.4.1" }
+marine-test-macro-impl = { path = "../marine-test-macro-impl", version = "=0.5.0" }
 
 quote = "1.0.9"
 proc-macro2 = "1.0.24"
diff --git a/crates/marine-test-macro/src/lib.rs b/crates/marine-test-macro/src/lib.rs
index 72696a1..cef8310 100644
--- a/crates/marine-test-macro/src/lib.rs
+++ b/crates/marine-test-macro/src/lib.rs
@@ -14,7 +14,7 @@
  * limitations under the License.
  */
 
-#![doc(html_root_url = "https://docs.rs/marine-test-macro/0.4.1")]
+#![doc(html_root_url = "https://docs.rs/marine-test-macro/0.5.0")]
 #![deny(
     dead_code,
     nonstandard_style,
diff --git a/src/lib.rs b/src/lib.rs
index 5964faa..4a5a0ad 100644
--- a/src/lib.rs
+++ b/src/lib.rs
@@ -14,7 +14,7 @@
  * limitations under the License.
  */
 
-#![doc(html_root_url = "https://docs.rs/marine-rs-sdk-test/0.4.1")]
+#![doc(html_root_url = "https://docs.rs/marine-rs-sdk-test/0.5.0")]
 #![deny(
     dead_code,
     nonstandard_style,