This compound is primarily utilized in the field of organic synthesis and catalysis. It serves as a chiral ligand in asymmetric synthesis, facilitating the production of enantiomerically pure compounds, which are crucial in the development of pharmaceuticals. Its application is particularly significant in the synthesis of complex molecules where stereochemistry plays a critical role in biological activity. Additionally, it is employed in research settings to study and develop new catalytic processes that enhance the efficiency and selectivity of chemical reactions.