This compound is primarily utilized in the field of organic synthesis, particularly as a chiral catalyst or ligand in asymmetric reactions. Its unique structure enables it to facilitate enantioselective transformations, which are crucial in the production of pharmaceuticals and fine chemicals. It is often employed in asymmetric hydrogenation and carbon-carbon bond-forming reactions, where high enantiomeric purity is required. Additionally, its application extends to the development of novel catalytic systems for research purposes, aiding in the discovery of new synthetic pathways. Its trihydrochloride form enhances solubility in aqueous or polar solvents, making it more versatile in various reaction conditions.