This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions, where it serves as a key intermediate. Its boronate ester group enables efficient participation in Suzuki-Miyaura coupling, a widely used method for forming carbon-carbon bonds in the synthesis of complex organic molecules, such as pharmaceuticals and agrochemicals. The tert-butyloxycarbonyl (Boc) protecting group enhances its stability during reactions, making it suitable for multi-step synthetic processes. Its application is especially valuable in the development of biologically active compounds, where precise structural modifications are required.