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 is a color system for displaying image and video files. The luminance component (Y) in UYVY is digitized at each point, whereas the color difference components (U, V) are digitized two times less frequently. It has a 16 bits/pixel structure, and it is used in video rendering and image editors.