This chemical is primarily utilized in asymmetric catalysis, particularly in organic synthesis processes where high enantioselectivity is required. It serves as a chiral ligand or catalyst in various reactions, including hydrogenation, carbon-carbon bond formation, and other stereospecific transformations. Its unique structure, featuring trifluoromethyl groups, enhances its stability and reactivity in challenging environments, making it suitable for use in pharmaceutical synthesis to produce enantiomerically pure compounds. Additionally, it is employed in the development of advanced materials and fine chemicals, where precise control over molecular configuration is critical.