This compound is primarily utilized in the field of organic synthesis as a chiral catalyst or reagent, particularly in asymmetric reactions. Its structure, featuring a triazolo-oxazin core, makes it effective in facilitating enantioselective transformations, which are crucial in the production of pharmaceuticals and fine chemicals. The tetrafluoroborate counterion enhances its solubility and stability in various organic solvents, allowing for efficient use in catalytic processes. Additionally, it may be employed in the development of novel therapeutic agents due to its potential biological activity, though specific applications in this area require further research and validation.