Used as a chiral ligand in asymmetric synthesis, facilitating the production of enantiomerically pure compounds in organic reactions. It is particularly effective in catalytic processes such as hydrogenation and carbon-carbon bond formation, where it enhances selectivity and yield. Its application extends to the pharmaceutical industry for the synthesis of active pharmaceutical ingredients with high stereochemical purity. Additionally, it is employed in material science for the development of chiral polymers and advanced materials with specific optical properties.