Used as a chiral ligand in asymmetric catalysis, particularly in enantioselective transformations such as hydrogenation and transfer hydrogenation reactions. Its stereochemistry enables high enantioselectivity when coordinating with transition metals like ruthenium, rhodium, or iridium. Commonly applied in the synthesis of chiral amines, alcohols, and other fine chemicals important in pharmaceutical and agrochemical industries. Also employed in organocatalytic systems due to its ability to form stable hydrogen-bonded complexes with substrates, facilitating stereocontrol in bond-forming reactions.