This compound is primarily used in organic synthesis, particularly in the field of asymmetric catalysis and chiral resolution. It serves as a key intermediate in the preparation of complex molecules, including pharmaceuticals, where stereochemistry plays a crucial role. Its structure, featuring a silyl-protected hydroxyl group and a diphenylmethyl moiety, makes it valuable for protecting functional groups during multi-step synthetic processes. Additionally, it is employed in the synthesis of chiral ligands, which are essential for creating enantioselective catalysts used in producing optically active compounds. Its application extends to the development of novel drugs and fine chemicals, where precise control over molecular configuration is required.