Used as a chiral catalyst in asymmetric synthesis, particularly in enantioselective carbon-carbon bond-forming reactions. It is effective in promoting reactions such as aldol additions and allylic alkylations, where high enantiomeric excess is required. Its structure allows for strong coordination with metal ions like copper or nickel, enhancing stereocontrol in the synthesis of pharmaceutical intermediates and fine chemicals. Commonly applied in research settings for developing optically active compounds, including bioactive molecules and natural product analogs.