This chemical is widely utilized as a chiral catalyst in asymmetric synthesis, particularly in enantioselective reactions. Its structure allows it to effectively bind to substrates, facilitating the formation of chiral products with high enantiomeric excess. It is commonly employed in the synthesis of pharmaceuticals, where precise stereochemistry is crucial for drug efficacy and safety. Additionally, it finds use in organic transformations, such as Michael additions and aldol reactions, where it enhances selectivity and yield. Its stability and strong hydrogen-bonding capabilities make it a valuable tool in advancing synthetic methodologies.