This chemical is widely used as a chiral ligand in asymmetric catalysis, particularly in organic synthesis. It plays a critical role in enantioselective reactions, such as hydrogenation, carbon-carbon bond formation, and oxidation processes. Its application is significant in the pharmaceutical industry for the production of chiral drugs, where it helps achieve high enantiomeric purity. Additionally, it is utilized in the synthesis of fine chemicals and advanced materials, where precise control over stereochemistry is essential. Its robust structure and high selectivity make it a valuable tool in developing complex molecular architectures.