This compound is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for optoelectronic devices. Its unique structure makes it suitable for use in organic light-emitting diodes (OLEDs), where it can serve as an efficient emitter or host material due to its ability to facilitate charge transport and enhance luminescence. Additionally, it is explored in the synthesis of organic semiconductors for applications in solar cells and field-effect transistors, where its electronic properties contribute to improved device performance. Researchers also investigate its potential in chiral catalysis, leveraging its stereochemistry to induce enantioselective reactions in asymmetric synthesis.