Used as a specialized boron-based reagent in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its unique heterocyclic structure with multiple boron-oxygen and boron-nitrogen bonds enhances stability and reactivity, making it valuable for constructing complex organic molecules in pharmaceutical and agrochemical research. The presence of tetramethyl dioxaborolane and dioxazaborocane moieties allows for selective transformations and improved functional group tolerance under mild reaction conditions. It is also explored in materials science for developing boron-containing functional polymers and sensors.