This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It is highly effective in facilitating enantioselective transformations, such as hydrogenation, carbon-carbon bond formation, and other stereospecific reactions. Its unique structure, featuring diphenylphosphino groups and methoxy substituents, enhances its ability to induce high enantiomeric excess in the synthesis of chiral molecules. This makes it valuable in the pharmaceutical industry for producing enantiomerically pure drugs and intermediates. Additionally, it is employed in academic and industrial research to develop new catalytic processes and optimize existing ones for better selectivity and efficiency.