This compound is primarily utilized in advanced organic synthesis, particularly as a chiral catalyst or ligand in asymmetric reactions. Its unique structure, featuring a phenanthrene-based dioxaphosphepin core, makes it highly effective in facilitating enantioselective transformations, which are crucial in the production of pharmaceuticals and fine chemicals. The trifluoromethanesulfonamide group enhances its stability and reactivity, allowing it to perform efficiently under various reaction conditions. Additionally, its application extends to material science, where it is explored for the development of chiral materials with potential uses in optoelectronics and nanotechnology.