Used primarily as a ligand in coordination chemistry, it forms stable complexes with various metal ions, facilitating catalytic reactions and material synthesis. It is employed in the development of luminescent materials, particularly in organic light-emitting diodes (OLEDs) and sensors, due to its ability to enhance photophysical properties. Additionally, it serves as a building block in supramolecular chemistry for constructing complex molecular architectures. Its role in catalysis includes applications in cross-coupling reactions and asymmetric synthesis, making it valuable in pharmaceutical and fine chemical industries. It is also utilized as a precursor in the synthesis of metal-organic frameworks (MOFs) for gas storage and separation, and in materials science for high-performance semiconductors.