This peptide is widely used in biochemical research as a model compound to study peptide structure, folding, and interactions. It serves as a standard in peptide synthesis and purification techniques, helping researchers optimize protocols. Additionally, it is utilized in enzymatic studies to investigate the activity and specificity of proteases and peptidases. Its simple structure makes it an ideal candidate for understanding fundamental peptide chemistry and for use in calibration processes in analytical methods like mass spectrometry and chromatography. It is also employed in the development of peptide-based materials and biomaterials due to its biocompatibility and ease of modification.