Used as a chiral catalyst in asymmetric synthesis, particularly in enantioselective reactions where high selectivity is required. It is effective in facilitating the formation of chiral centers in organic molecules, making it valuable in the production of pharmaceuticals and fine chemicals. The compound’s structure allows it to interact with substrates through hydrogen bonding and π-π interactions, enhancing its catalytic efficiency. It is also employed in the resolution of racemic mixtures, helping to separate enantiomers for applications in drug development and material science. Its stability under various reaction conditions makes it suitable for use in both laboratory and industrial settings.