This compound is primarily used as a chiral catalyst or reagent in asymmetric synthesis, particularly in organic chemistry reactions where enantioselectivity is crucial. Its structure allows it to induce high stereocontrol in transformations such as cycloadditions, aldol reactions, and nucleophilic additions.

It is also employed in the synthesis of complex molecules, including pharmaceuticals, where the introduction of chiral centers is essential for biological activity. Additionally, its trifluoromethanesulfonamide groups enhance its stability and reactivity, making it suitable for use in demanding reaction conditions.

In industrial applications, it is valued for its efficiency in producing enantiomerically pure compounds, which are critical in the development of drugs, agrochemicals, and fine chemicals. Its role in asymmetric catalysis contributes to greener and more sustainable chemical processes by reducing waste and improving selectivity.