This compound is primarily utilized in the field of asymmetric synthesis and catalysis. It serves as a chiral auxiliary or ligand in various organic reactions, enabling the production of enantiomerically pure compounds. Its sterically demanding structure and chiral centers make it effective in controlling stereoselectivity during reactions, particularly in the synthesis of pharmaceuticals and fine chemicals. Additionally, it is employed in the development of novel catalytic systems for asymmetric hydrogenation and other enantioselective transformations, contributing to advancements in drug discovery and material science.