Used as a chiral ligand in asymmetric synthesis, particularly in enantioselective catalysis. It plays a key role in reactions such as asymmetric transfer hydrogenation of ketones and imines, where it coordinates with transition metals like ruthenium or rhodium to form highly selective catalysts. Due to its rigid stereochemistry and electron-donating methoxy groups, it enhances catalytic efficiency and enantiomeric excess in the production of chiral alcohols and amines, which are important intermediates in pharmaceuticals and fine chemicals. Also employed in the development of chiral sensors and in studies of stereochemical control in organic transformations.