Used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It plays a significant role in the formation of chiral centers in organic molecules, aiding in the production of pharmaceuticals and fine chemicals with high enantiomeric purity. Its application extends to hydrogenation and other transition metal-catalyzed processes, enhancing the efficiency and selectivity of these reactions. Additionally, it is employed in the development of advanced materials and agrochemicals, where precise stereochemical control is essential.