Widely used in organic synthesis as a chiral catalyst, particularly in asymmetric reactions where enantioselectivity is crucial. Its structure allows for effective binding to substrates, making it valuable in the production of pharmaceuticals and fine chemicals. The compound is also employed in research for studying enzyme inhibition and receptor interactions due to its ability to mimic biological molecules. Additionally, it finds application in material science for developing advanced polymers with specific properties. Its unique trifluoromethyl groups enhance stability and reactivity, making it suitable for high-performance applications.