This compound is primarily utilized as a chiral auxiliary in asymmetric synthesis, enabling the production of enantiomerically pure compounds. It is particularly effective in controlling stereochemistry during the formation of carbon-carbon and carbon-heteroatom bonds. Its rigid structure and steric properties make it ideal for inducing high enantioselectivity in reactions such as alkylations, aldol additions, and Diels-Alder reactions. Additionally, it is employed in the synthesis of complex natural products and pharmaceuticals, where precise stereochemical control is crucial. Its stability under various reaction conditions further enhances its utility in organic synthesis.