This chemical is primarily used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It is often employed in metal-catalyzed transformations, such as hydrogenation, cyclopropanation, and carbon-carbon bond-forming reactions, to produce optically active compounds. Its rigid structure and chiral centers make it effective in controlling the stereochemistry of the reaction products. Additionally, it finds applications in the synthesis of pharmaceuticals and fine chemicals, where high enantiomeric purity is essential. Its stability and ability to form complexes with various transition metals further enhance its utility in organic synthesis.