This compound is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. Its boronate ester group serves as a key functional moiety, enabling the formation of carbon-carbon bonds with aryl or vinyl halides in the presence of a palladium catalyst. This makes it valuable in the construction of complex organic molecules, including pharmaceuticals and agrochemicals. Additionally, the tert-butyl carbamate group provides protection for the amine functionality during synthetic processes, ensuring selective reactivity. Its application is significant in medicinal chemistry for the development of drug candidates and bioactive compounds.