This chemical is primarily used as a chiral ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It plays a crucial role in facilitating enantioselective synthesis, which is essential for producing chiral molecules in pharmaceuticals, agrochemicals, and fine chemicals. Its application is prominent in hydrogenation, carbon-carbon bond formation, and other transformations where high enantioselectivity is required. The compound’s robust structure and chiral environment make it highly effective in achieving precise control over stereochemistry in complex organic reactions.