This chemical is widely used as a chiral ligand in asymmetric catalysis, particularly in enantioselective synthesis. It plays a crucial role in facilitating reactions such as asymmetric epoxidation, where it helps produce chiral epoxides with high enantiomeric purity. These epoxides are valuable intermediates in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals. Additionally, it is employed in the development of metal complexes for catalytic applications, enhancing selectivity and efficiency in organic transformations. Its robust structure and chiral properties make it a preferred choice in advanced chemical research and industrial processes.