Used as a chiral ligand in asymmetric catalysis, particularly in enantioselective hydrogenation and transfer hydrogenation reactions. Its rigid backbone and well-defined stereochemistry make it effective in inducing high enantioselectivity when coordinated to transition metals like ruthenium, rhodium, or iridium. Commonly employed in the synthesis of chiral amines, pharmaceuticals, and fine chemicals where control of stereochemistry is critical. Also utilized in the development of chiral catalysts for carbon-carbon bond-forming reactions and in organocatalysis due to its ability to form stable complexes with metal centers and influence reaction pathways through steric and electronic effects.