Used as a chiral derivatizing agent in asymmetric synthesis, particularly for the determination of enantiomeric purity of amines and alcohols. Its trifluoroacetyl group enhances detectability by 19F NMR, allowing precise analysis of stereochemistry. Commonly employed in kinetic resolution studies and as a building block in the preparation of chiral catalysts and ligands. Also utilized in the development of enantioselective sensors due to its rigid camphor scaffold and strong spectroscopic signature.