TXT is a file format that contains the text, organized in rows. Text files opposed binaries that contain data that is not intended for interpretation as a text (encoded sound or image). The text file can contain both formatted and unformatted text. Since the very simple text files, they are frequently used for storing data.
A file to store presentations with tables, drawings, texts, audio and video created using open source programs: OpenOffice, StarOffice, LibreOffice, etc. The file is editable and based on the XML format. Is an open alternative to the closed PPT format.