It belongs to TrueType and OpenType font formats and has analog compression that stores rendering technology. In WOFF it’s possible to store individual metadata with font info. It’s been used since 2010 for the main purpose of storing and transferring fonts on the Internet. It was developed by the Mozilla Foundation.
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.