This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. Its unique structure allows it to induce high enantioselectivity in various organic transformations, such as hydrogenation, carbon-carbon bond formation, and oxidation reactions. It is particularly valuable in the synthesis of pharmaceuticals and fine chemicals, where controlling the stereochemistry of the product is crucial. The compound’s sterically hindered and electron-rich environment enhances its ability to stabilize metal complexes and direct the reaction pathway toward the desired enantiomer. Its application is significant in producing chiral intermediates for drugs, agrochemicals, and other high-value compounds.