This compound is primarily utilized in asymmetric synthesis and catalysis, particularly in enantioselective reactions. Its structure, featuring chiral dihydrooxazole moieties, makes it an effective ligand for transition metal catalysts. It is often employed in the development of chiral catalysts for organic transformations, such as hydrogenation, cyclopropanation, and carbon-carbon bond-forming reactions. Its ability to induce high enantioselectivity is valuable in the pharmaceutical industry for the synthesis of chiral drugs and intermediates. Additionally, it finds application in material science for the design of chiral polymers and advanced materials with specific optical properties.