Used as a chiral catalyst in asymmetric synthesis, particularly in enantioselective transformations such as Diels-Alder reactions and Friedel-Crafts alkylations. Its structure supports high enantioselectivity when coordinating with metal ions like copper(II) or zinc(II), making it valuable in the preparation of optically active compounds for pharmaceuticals and fine chemicals. Effective in low catalytic loadings, it enables efficient synthesis of complex molecules with controlled stereochemistry.