This chemical is primarily utilized in the field of organic synthesis, particularly as a chiral ligand in asymmetric catalysis. It plays a crucial role in facilitating enantioselective reactions, which are essential for producing optically active compounds in pharmaceuticals and fine chemicals. Its unique structure, featuring trifluoromethyl groups and a biphenyl backbone, enhances its stability and efficiency in catalytic processes. Additionally, it is employed in the development of novel catalytic systems for complex organic transformations, contributing to advancements in drug discovery and material science.