This chemical is primarily utilized in asymmetric synthesis and catalysis, particularly in enantioselective reactions. Its unique structure makes it an effective chiral ligand in transition metal-catalyzed processes, such as hydrogenation, carbon-carbon bond formation, and other stereoselective transformations. The presence of methoxyphenyl groups enhances its ability to induce high enantioselectivity, making it valuable in the production of pharmaceuticals and fine chemicals where precise stereochemistry is critical. Additionally, its application extends to the development of advanced materials and organic electronic devices, where its chiral properties can influence molecular organization and performance.