Widely utilized as a chiral ligand in asymmetric synthesis, it plays a crucial role in enantioselective reactions, particularly in the production of pharmaceuticals and fine chemicals. Its application extends to catalyzing hydrogenation, alkylation, and other key transformations, ensuring high enantiomeric purity in the final products. Additionally, it is employed in the development of advanced materials and as a building block in organic synthesis, contributing to the creation of complex molecular structures with precise stereochemistry.