v1.2.0 - Update project conventions and python 3.12

This release bumps the python version to 3.12, but perhaps more impactful, updates the project structure to match new conventions of linting, testing, and other configurations.

What's Changed

• IN 1059 - Maintenance 2024-08 by @ghukill in #42

Full Changelog: v1.1.1...v1.2.0