Used in organic synthesis as a chiral ligand or catalyst, particularly in asymmetric reactions to produce enantiomerically pure compounds. Its anthracene moiety allows for fluorescence-based detection or monitoring in catalytic processes. The tert-butyl group enhances steric hindrance, improving selectivity in transformations like hydrogenation or cross-coupling reactions. It is also employed in the development of advanced materials, such as chiral polymers or frameworks, for applications in optoelectronics or sensing technologies.