This compound is primarily utilized as a chiral ligand in asymmetric catalysis, particularly in enantioselective hydrogenation reactions. Its unique stereochemical properties enable the formation of chiral centers in organic molecules with high selectivity, making it valuable in the synthesis of pharmaceuticals and fine chemicals. The compound’s ability to coordinate with transition metals enhances catalytic efficiency, often leading to improved yields and enantiomeric excess in the production of chiral intermediates. Additionally, it is employed in the development of novel catalytic systems for organic transformations, contributing to advancements in green chemistry and sustainable synthesis methods.