Storage format for images that can be used as graphic textures in 3D applications or computer games. It is also used in the CorelDRAW software as a Pantone Spot reference palette element for the purpose of applying colors to editable elements.
JP2 is a bitmap image format JPEG 2000. This can be a picture, an image from a surveillance camera, digital fax and other. In JPEG 2000 to compress the file using the technology of wavelet transform. This allows for a smoother and sharper image and the file size compared to JPEG for the same quality is lower.