This compound is primarily utilized in the field of organic synthesis, where it serves as a chiral building block for the creation of complex molecules. Its stereochemistry makes it valuable in the development of pharmaceuticals, particularly in the synthesis of enantiomerically pure drugs, where specific spatial arrangements of atoms are crucial for biological activity. Additionally, it can be employed in the production of agrochemicals, contributing to the creation of pesticides or herbicides with targeted effects. In research, it is often used as a ligand or catalyst in asymmetric synthesis, enabling the production of chiral compounds with high enantioselectivity. Its unique structure also makes it a candidate for studying stereochemical effects in various chemical reactions.