Widely used in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds between aromatic rings. Its key role is as a boronic ester derivative, offering enhanced stability and reactivity compared to boronic acids. It serves as a building block for preparing conjugated organic materials, including those used in pharmaceuticals, agrochemicals, and advanced materials like organic light-emitting diodes (OLEDs) and semiconductors. The presence of dual dioxaborolane groups allows for sequential or selective coupling reactions, making it valuable in the synthesis of complex molecular architectures.