A new method developed (aka algorithms) for digital photos. This new method revolutionary new approach to the way the world compresses, transmits and archives data , especially images.
And How it works ?
REPETITION CODED Compression invented by MatrixView assigns a value of
1' for successively similar values (pixels) in an image. If the value in an image is different from the previous value, 0′ is assigned and the corresponding original value is stored in a table called
Data Store'. This process is done for all the values in an image. The collection of zeroes and ones is called a bit plane. At the end of the process, there is a Data Store’ table and a bit plane. Such a process makes it possible to increase the compression without losing any data.
Matrixview home page – this the compnay who invented algorithms.
Full article here and here