The format is designed for Kodak cameras to store uncompressed RAW images in their original form without auto color and white balance correction. The file has a TIFF-structure that allows you to edit the color temperature and exposure of the finished image without losing information and quality, which is something that cannot be done with JPEG format images.
This file format is used to transmit image data. It contains a set of images that can be linked to form an animation. It is used to store non-compressed bitmap images in 24-bit color created using MTV ray tracer.