Used extensively in the field of organic electronics, this compound serves as a key component in the development of organic light-emitting diodes (OLEDs). Its ability to efficiently emit blue light makes it valuable for display technologies and lighting applications. Additionally, it is utilized in the synthesis of fluorescent dyes, which are applied in biological imaging and sensing due to their strong fluorescence properties. In material science, it acts as a building block for creating advanced polymers with enhanced optical characteristics, contributing to innovations in coatings and photoresist materials.