Used as a chiral organocatalyst in asymmetric synthesis, particularly in enantioselective cyclization and ring-forming reactions. Its structure enables efficient stereocontrol, making it valuable in the preparation of optically active heterocyclic compounds for pharmaceutical development. The compound shows high selectivity in catalyzing transformations involving iminium or oxocarbenium ion intermediates. It is especially effective in reactions requiring strong Lewis acid conditions while maintaining stereochemical integrity. Commonly applied in research settings for the synthesis of bioactive molecules and natural product analogs.