Used as a chiral building block in asymmetric synthesis, particularly in the preparation of chiral ligands and catalysts. Its rigid, C2-symmetric structure makes it ideal for inducing high enantioselectivity in reactions such as hydrogenation, epoxidation, and Diels-Alder transformations. Commonly employed in the development of transition metal complexes for enantioselective catalysis. Also finds use in the synthesis of advanced organic materials and chiral sensors due to its stereochemical stability and derivatization potential.