This compound is primarily utilized in the field of organic synthesis, particularly as a chiral catalyst or reagent in asymmetric reactions. Its structure, featuring a cinchona alkaloid derivative, makes it highly effective in enantioselective transformations, such as the asymmetric hydrogenation of ketones or imines. It is also employed in the synthesis of complex molecules, including pharmaceuticals, where controlling stereochemistry is crucial. Additionally, its trifluoromethyl groups enhance its stability and reactivity, making it suitable for use in challenging synthetic conditions. Its application extends to the development of novel catalytic systems for fine chemical production.