This compound is primarily utilized in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its unique structure, featuring carbazole and dioxaborolane groups, makes it an effective material for electron transport layers and hole-blocking layers in these devices. The N-octyl chain enhances solubility, facilitating easier processing during device fabrication. Additionally, its boron-based components contribute to improved stability and performance in electronic applications. This chemical is also explored in the synthesis of advanced polymers and small molecules for optoelectronic applications, where its properties help achieve high efficiency and durability in energy conversion and light emission technologies.