This chemical is primarily used in advanced organic synthesis, particularly in the development of chiral catalysts. Its unique structure makes it highly effective in asymmetric catalysis, enabling the production of enantiomerically pure compounds, which are crucial in the pharmaceutical industry for creating drugs with specific therapeutic effects. Additionally, it is employed in materials science for the design of novel organic electronic materials, where its ability to influence molecular arrangement and stability is highly valued. Its application in these fields contributes to the development of more efficient and targeted chemical processes and materials.