This chemical is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure, featuring carbazole and boronate ester groups, makes it an effective material for electron transport layers and as a building block in the synthesis of conjugated polymers. The compound’s ability to facilitate charge transport and its stability under operational conditions enhance the efficiency and longevity of these devices. Additionally, it is employed in cross-coupling reactions, such as Suzuki-Miyaura coupling, to create complex organic molecules for advanced materials research.