This compound is primarily utilized in asymmetric catalysis, particularly in enantioselective synthesis. It serves as a chiral ligand in transition metal-catalyzed reactions, enabling the production of optically active compounds. Its rigid and sterically demanding structure enhances selectivity in reactions such as hydrogenation, carbon-carbon bond formation, and oxidation processes. Additionally, it is employed in the development of advanced materials, including chiral polymers and liquid crystals, due to its unique stereochemical properties. Its application extends to organic electronics, where it contributes to the design of chiral molecular frameworks for optoelectronic devices.