This chemical is primarily utilized as a chiral ligand in asymmetric catalysis, particularly in metal-catalyzed reactions. It is highly effective in facilitating enantioselective transformations, such as hydrogenation, carbon-carbon bond formation, and other organic synthesis processes. Its rigid structure and chiral centers make it suitable for creating highly selective catalysts, which are essential in the production of pharmaceuticals, fine chemicals, and agrochemicals. Additionally, it is employed in the development of advanced materials and coordination polymers due to its ability to form stable complexes with various metal ions.