This compound is primarily utilized in the field of asymmetric synthesis, where it serves as a chiral ligand in catalytic reactions. Its structure, featuring methoxy groups and a specific stereochemistry, makes it effective in inducing enantioselectivity, particularly in the formation of chiral centers during organic transformations. It is often employed in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals, where the production of a single enantiomer is crucial for biological activity or product efficacy. Additionally, its application extends to coordination chemistry, where it forms complexes with transition metals, enhancing their catalytic properties in various chemical processes.