This chemical is primarily utilized in the field of organic synthesis, where it serves as a chiral ligand or catalyst in asymmetric reactions. Its unique structure, featuring a rigid framework and stereogenic centers, makes it highly effective in controlling the stereochemistry of reactions, particularly in the synthesis of enantiomerically pure compounds. It is often employed in pharmaceutical research and development to produce chiral intermediates or active pharmaceutical ingredients (APIs) with high enantioselectivity. Additionally, it finds application in materials science for the development of advanced chiral materials, such as liquid crystals or polymers with specific optical properties. Its role in enhancing the efficiency and selectivity of chemical processes makes it a valuable tool in both academic and industrial settings.