This chemical is primarily utilized in asymmetric synthesis and catalysis, particularly in the field of organic chemistry. It serves as a chiral ligand in transition metal-catalyzed reactions, enabling the production of enantiomerically pure compounds. Its unique structure, featuring multiple aromatic groups, enhances steric and electronic control during catalytic processes, making it highly effective in asymmetric hydrogenation, carbon-carbon bond formation, and other stereoselective transformations. This compound is especially valuable in the pharmaceutical industry for synthesizing chiral drugs and fine chemicals with high enantiomeric excess, ensuring improved efficacy and reduced side effects. Additionally, its stability and selectivity make it a preferred choice for complex organic syntheses in academic and industrial research.