This chemical is primarily utilized as a ligand in catalytic processes, particularly in asymmetric synthesis. Its unique structure, featuring trifluoromethyl groups and a dihydrooxazole ring, makes it highly effective in facilitating enantioselective reactions. It is commonly employed in transition metal catalysis, where it coordinates with metals like palladium or rhodium to enhance the efficiency and selectivity of the reaction. This ligand is especially valuable in the production of chiral compounds, which are crucial in pharmaceuticals, agrochemicals, and fine chemicals. Its steric and electronic properties allow for precise control over the stereochemistry of the final product, making it a key component in the synthesis of complex molecules with high enantiomeric purity.