If a company stops paying for Blerify's service, this does not affect users or credentials that have already been issued. Digital credentials remain verifiable and usable, as they are stored in the user's wallet and have cryptographic signatures that guarantee their authenticity without relying on Blerify's infrastructure.
Users can continue using their Blerify Wallet to manage and present their credentials without interruption. However, the company will lose access to certain key functionalities, such as:
- Issuance of New Credentials: The company will no longer be able to generate or distribute additional credentials.
- Revocation or Updating of Credentials: They will not be able to modify or revoke previously issued credentials.
- Access to Auditing and Administration Tools: The company will not be able to monitor credential usage or generate reports from the platform.
However, before losing access, the issuing entity can download an Excel file with historical data of all issued credentials, ensuring the information is stored locally. This allows the organization to maintain a record of relevant data without relying on Blerify's platform.
Previously issued credentials will remain verifiable in any system compatible with W3C Verifiable Credentials and OpenID4VP, meaning users will not lose access to their digital documents or the services where these credentials are accepted.