Used as a fluorescent dye in biological imaging due to its strong emission in the visible range when excited. The compound’s boron-containing structure enhances photostability and quantum yield, making it suitable for confocal microscopy and cellular labeling. It can be functionalized to target specific biomolecules or organelles. Also applied in optoelectronic materials for organic light-emitting diodes (OLEDs) owing to its efficient luminescence and thermal stability. Soluble in polar organic solvents, it is easily incorporated into polymer matrices for sensor development.