Used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where high enantioselectivity is required. It is effective in facilitating the formation of chiral centers in organic molecules, making it valuable in the production of pharmaceuticals and fine chemicals. Its robust structure and ability to induce high stereoselectivity make it a preferred choice in metal-catalyzed transformations, such as hydrogenation and carbon-carbon bond-forming reactions. Additionally, it is employed in the development of advanced materials and as a building block in the synthesis of complex molecular architectures.