Used in organic synthesis as a versatile building block for creating complex molecules. It is particularly valuable in Suzuki-Miyaura cross-coupling reactions, enabling the formation of carbon-carbon bonds in pharmaceuticals, agrochemicals, and advanced materials. Its trans-configuration and boronic acid group make it suitable for constructing specific stereochemical frameworks in drug discovery. Additionally, it serves as a precursor in the development of functionalized polymers and materials with tailored properties.