This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in organic synthesis. It facilitates the formation of enantiomerically pure compounds, which are crucial in the production of pharmaceuticals, agrochemicals, and fine chemicals. Its structure allows it to coordinate with metal centers, enhancing the selectivity and efficiency of catalytic reactions such as hydrogenation, cyclopropanation, and C–H activation. Additionally, it is employed in the development of novel catalysts for stereoselective transformations, contributing to advancements in synthetic organic chemistry.