diff --git a/Cargo.lock b/Cargo.lock
index d04953ea..ef92cb2c 100644
--- a/Cargo.lock
+++ b/Cargo.lock
@@ -75,6 +75,7 @@ name = "aiken-lang"
 version = "0.0.26"
 dependencies = [
  "chumsky",
+ "hex",
  "indexmap",
  "indoc",
  "itertools",
diff --git a/crates/aiken-lang/Cargo.toml b/crates/aiken-lang/Cargo.toml
index d87f2b2e..fa814c23 100644
--- a/crates/aiken-lang/Cargo.toml
+++ b/crates/aiken-lang/Cargo.toml
@@ -12,6 +12,7 @@ authors = ["Lucas Rosa <x@rvcas.dev>", "Kasey White <kwhitemsg@gmail.com>"]
 
 [dependencies]
 chumsky = "0.8.0"
+hex = "0.4.3"
 indexmap = "1.9.1"
 indoc = "1.0.7"
 itertools = "0.10.5"
diff --git a/crates/aiken-lang/src/parser.rs b/crates/aiken-lang/src/parser.rs
index 81857b79..7e53e04b 100644
--- a/crates/aiken-lang/src/parser.rs
+++ b/crates/aiken-lang/src/parser.rs
@@ -344,7 +344,7 @@ fn constant_value_parser() -> impl Parser<Token, ast::UntypedConstant, Error = P
                 elements,
             });
 
-        let constant_bytearray_parser = just(Token::Hash)
+        let constant_bytearray_list_parser = just(Token::Hash)
             .ignore_then(
                 select! {Token::Int {value} => value}
                     .validate(|value, span, emit| {
@@ -372,6 +372,27 @@ fn constant_value_parser() -> impl Parser<Token, ast::UntypedConstant, Error = P
                 bytes,
             });
 
+        let constant_bytearray_hexstring_parser =
+            just(Token::Hash)
+                .ignore_then(select! {Token::String {value} => value}.validate(
+                    |value, span, emit| match hex::decode(&value) {
+                        Ok(bytes) => bytes,
+                        Err(_) => {
+                            emit(ParseError::malformed_base16_string_literal(span));
+                            vec![]
+                        }
+                    },
+                ))
+                .map_with_span(|bytes, span| ast::UntypedConstant::ByteArray {
+                    location: span,
+                    bytes,
+                });
+
+        let constant_bytearray_parser = choice((
+            constant_bytearray_list_parser,
+            constant_bytearray_hexstring_parser,
+        ));
+
         let constant_list_parser = r
             .clone()
             .separated_by(just(Token::Comma))
diff --git a/crates/aiken-lang/src/parser/error.rs b/crates/aiken-lang/src/parser/error.rs
index 16fcaa3b..81c8427e 100644
--- a/crates/aiken-lang/src/parser/error.rs
+++ b/crates/aiken-lang/src/parser/error.rs
@@ -3,6 +3,7 @@ use std::collections::HashSet;
 use miette::Diagnostic;
 
 use crate::{ast::Span, parser::token::Token};
+use indoc::formatdoc;
 
 #[derive(Debug, Diagnostic, thiserror::Error)]
 #[error("{kind}\n")]
@@ -35,6 +36,16 @@ impl ParseError {
             label: None,
         }
     }
+
+    pub fn malformed_base16_string_literal(span: Span) -> Self {
+        Self {
+            kind: ErrorKind::MalformedBase16StringLiteral,
+            span,
+            while_parsing: None,
+            expected: HashSet::new(),
+            label: None,
+        }
+    }
 }
 
 impl PartialEq for ParseError {
@@ -91,6 +102,18 @@ pub enum ErrorKind {
         #[help]
         hint: Option<String>,
     },
+    #[error("I tripped over a malformed base16-encoded string literal")]
+    #[diagnostic(help("{}", formatdoc! {
+        r#"You can declare literal bytearrays from base16-encoded (a.k.a. hexadecimal)
+           string literals.
+
+           For example:
+
+             pub const my_policy_id =
+               #"f4c9f9c4252d86702c2f4c2e49e6648c7cffe3c8f2b6b7d779788f50"
+        "#
+    }))]
+    MalformedBase16StringLiteral,
 }
 
 #[derive(Debug, PartialEq, Eq, Hash, Diagnostic, thiserror::Error)]
diff --git a/crates/aiken-lang/src/tests/parser.rs b/crates/aiken-lang/src/tests/parser.rs
index 012b387d..a28f10bf 100644
--- a/crates/aiken-lang/src/tests/parser.rs
+++ b/crates/aiken-lang/src/tests/parser.rs
@@ -3,7 +3,7 @@ use indoc::indoc;
 use pretty_assertions::assert_eq;
 
 use crate::{
-    ast::{self, DataType, Function, Span, TypeAlias, Use},
+    ast::{self, Constant, DataType, Function, ModuleConstant, Span, TypeAlias, Use},
     expr, parser,
 };
 
@@ -1542,3 +1542,49 @@ fn parse_tuple() {
         }),
     )
 }
+
+#[test]
+fn plain_bytearray_literals() {
+    let code = indoc! {r#"
+        pub const my_policy_id = #[0, 170, 255]
+    "#};
+
+    assert_definition(
+        code,
+        ast::UntypedDefinition::ModuleConstant(ModuleConstant {
+            doc: None,
+            location: Span::new((), 0..39),
+            public: true,
+            name: "my_policy_id".to_string(),
+            annotation: None,
+            value: Box::new(Constant::ByteArray {
+                location: Span::new((), 25..39),
+                bytes: vec![0, 170, 255],
+            }),
+            tipo: (),
+        }),
+    )
+}
+
+#[test]
+fn base16_bytearray_literals() {
+    let code = indoc! {r#"
+        pub const my_policy_id = #"00aaff"
+    "#};
+
+    assert_definition(
+        code,
+        ast::UntypedDefinition::ModuleConstant(ModuleConstant {
+            doc: None,
+            location: Span::new((), 0..34),
+            public: true,
+            name: "my_policy_id".to_string(),
+            annotation: None,
+            value: Box::new(Constant::ByteArray {
+                location: Span::new((), 25..34),
+                bytes: vec![0, 170, 255],
+            }),
+            tipo: (),
+        }),
+    )
+}