[Wolfterro]

Originally Posted by veder So is there a method to keep the software upto date and play online and offline use the iso loader ?

No, since it doesn't exist a jailbreak for the latest firmware.
If you want to jailbreak your console, you'll need to downgrade it using a hardware flasher, and of course, it depends the model of your console.

If you jailbreak it, you'll lose PSN access and game updates.