This chemical is primarily utilized as a chiral ligand in asymmetric catalysis, particularly in enantioselective synthesis. It plays a crucial role in facilitating reactions where the formation of a specific enantiomer is desired, such as in the production of pharmaceuticals or fine chemicals. Its unique structure, featuring trifluoromethyl groups and a dioxaphosphepin core, enhances its ability to induce high enantioselectivity and reactivity in various catalytic processes. Additionally, it is employed in the development of advanced materials and as a key component in research focused on understanding chiral induction mechanisms.