Used in organic synthesis as a boronic acid coupling partner in Suzuki-Miyaura cross-coupling reactions to construct biaryl and heterobiaryl systems. Its structure features a benzo-triazole ring, which can act as a directing group or stabilize intermediates during metal-catalyzed transformations. The compound is valuable in medicinal chemistry for building nitrogen-rich scaffolds found in bioactive molecules and pharmaceuticals. It also serves as a building block in materials science for developing fluorescent probes or functional polymers due to the inherent photophysical properties of the triazole and boronic acid moieties. Solubility and stability can be tuned through esterification or protection of the boronic acid group for use in multi-step syntheses.