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 format was developed by Kodak in order to store images on optical or other media. It is used as a format for archiving scanned documents on Kodak devices. It encodes images in 24-bit color and supports resolutions of up to 6144x4096 pixels.