Used as a key intermediate in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in the synthesis of pharmaceuticals and agrochemicals. Its boronate ester group facilitates efficient coupling with aryl or heteroaryl halides under palladium catalysis. Commonly applied in the development of functional materials, such as organic semiconductors and fluorescent probes, due to the stability and reactivity of the benzotriazole scaffold. Also employed in medicinal chemistry for constructing complex nitrogen-containing heterocycles.