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 form stable complexes with metals make it effective in controlling the spatial arrangement of reactants, leading to the desired stereochemical outcomes. Additionally, it finds use in the synthesis of pharmaceuticals and fine chemicals, where precise chirality is essential for biological activity or specific material properties. Its application extends to research and development in organic chemistry, aiding in the exploration of new catalytic systems and reaction pathways.