This compound is primarily utilized in the field of organic synthesis, where it serves as a key intermediate in the production of more complex molecules. Its structure, featuring a cyclobutyl ring and a tert-butyl carbamate group, makes it valuable for constructing biologically active compounds, particularly in pharmaceutical research. It is often employed in the development of drugs targeting neurological disorders, as the cyclobutyl moiety can enhance binding affinity to specific receptors. Additionally, its stability and reactivity make it suitable for use in peptide synthesis, where it can act as a protecting group for amines, ensuring selective reactions during the assembly of peptide chains.