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.
TIFF is a format for storing raster graphics. It is used for scanning and OCR text, faxing, printing industry, is widely supported by a variety of graphics applications. The format was developed by Aldus Corporation in collaboration with Microsoft for use with PostScript. Who is copyright to it owns Adobe Systems. The format used to store images with great depth of color.