This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It is often employed in transition metal-catalyzed processes, such as hydrogenation, allylic alkylation, and cyclopropanation, to produce chiral molecules with high optical purity. Its rigid and well-defined structure allows for precise control over the stereochemistry of the reaction, making it valuable in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals. Additionally, it has been explored in coordination chemistry for the development of metal-organic frameworks (MOFs) and other advanced materials.