JPG | JP2 |

| OLYMPUS | JP2 |

Answer

Format JP2
Company Joint Photographic Experts Group
Description JPEG 2000 is a wavelet-based image compression standard. The aim of JPEG 2000 is not only improved compression performance over JPEG but also adding (or improving) features such as scalability and editability.
Benefits much smaller file size at equal quality than JPEG
Drawbacks less popular, requires more computational resources
Metadata Handles XMP, EXIF or IPTC
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