This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions. Its boronate ester functional group makes it a valuable intermediate in Suzuki-Miyaura coupling, a widely used method for forming carbon-carbon bonds. This reaction is essential in the development of pharmaceuticals, agrochemicals, and advanced materials. Additionally, its urea moiety can contribute to hydrogen bonding interactions, making it potentially useful in the design of molecular recognition systems or as a building block in medicinal chemistry for drug discovery. Its application extends to the synthesis of complex organic molecules, where precise control over molecular architecture is required.