This compound is primarily utilized in the field of organic synthesis, particularly in the development of complex carbohydrate derivatives. Its structure, featuring multiple acetate groups and a thiol moiety, makes it a valuable intermediate for constructing glycosidic linkages and other sugar-based molecules. It is often employed in the preparation of thio-glycosides, which are crucial in glycobiology research for studying carbohydrate-protein interactions. Additionally, the compound serves as a precursor in the synthesis of bioactive molecules, including potential drug candidates targeting diseases related to carbohydrate metabolism or recognition. Its unique reactivity also makes it suitable for use in chemoenzymatic processes, where selective modifications of sugar molecules are required.