This chemical is primarily used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where enantioselectivity is crucial. It is effective in facilitating the formation of chiral centers in organic molecules, making it valuable in the production of pharmaceuticals and fine chemicals. Additionally, it serves as a key component in the development of advanced materials, such as chiral polymers or liquid crystals, which require precise stereochemical control. Its unique structure and properties make it suitable for applications in organic electronics and optoelectronics, where chiral materials are essential for performance optimization.