This compound is primarily utilized in organic synthesis, particularly in Suzuki-Miyaura cross-coupling reactions. It serves as a key reagent for the formation of carbon-carbon bonds, enabling the construction of complex organic molecules. As a diboronic acid derivative, its boronic acid groups enable coupling with aryl halides, facilitating the synthesis of extended biaryl systems. This makes it valuable in the synthesis of pharmaceuticals, agrochemicals, and advanced materials. Additionally, it is employed in the development of organic electronic materials, such as organic light-emitting diodes (OLEDs) and semiconductors, due to its ability to create conjugated systems with precise structural control. Its application also extends to the preparation of polymers and dendrimers, where it aids in creating well-defined architectures.