This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It is often employed in transition metal-catalyzed processes, such as hydrogenation, to produce chiral compounds with high optical purity. Its rigid structure and ability to coordinate with metals make it effective in controlling the stereochemistry of the reaction products. Additionally, it finds application in the synthesis of pharmaceuticals and fine chemicals, where achieving specific enantiomers is essential for biological activity or desired properties. Its use in organic synthesis contributes to the development of more efficient and selective catalytic systems.