BISBI is widely used as a ligand in coordination chemistry, particularly in the synthesis of transition metal complexes. Its application is significant in catalysis, where it facilitates various organic transformations, including cross-coupling reactions, hydrogenation, and polymerization processes. The compound’s ability to stabilize metal centers enhances the efficiency and selectivity of catalytic systems. Additionally, BISBI is employed in the development of advanced materials, such as metal-organic frameworks (MOFs), due to its structural flexibility and binding properties. Its role in asymmetric catalysis is also notable, contributing to the production of chiral compounds in pharmaceutical and fine chemical industries.