This compound is primarily used in asymmetric synthesis and catalysis, particularly in enantioselective reactions. Its unique structure, featuring anthracenyl groups and a hydrogen phosphate moiety, makes it an effective chiral ligand or catalyst in organic transformations. It is often employed in the synthesis of complex molecules where high enantiomeric purity is required, such as in the production of pharmaceuticals or fine chemicals. The compound’s ability to induce chirality in reactions is valuable in creating biologically active compounds with specific stereochemistry. Additionally, it may be utilized in materials science for the development of chiral materials or sensors due to its optical properties.