This chemical is widely used in asymmetric synthesis, particularly as a chiral ligand in catalytic reactions. It plays a crucial role in the development of enantioselective processes, enabling the production of optically active compounds in pharmaceuticals and fine chemicals. Its application extends to the synthesis of complex organic molecules, where it helps achieve high stereochemical control. Additionally, it is employed in the preparation of chiral catalysts for hydrogenation and other transition metal-catalyzed reactions, enhancing efficiency and selectivity in industrial and academic research.