This compound is primarily used in organic synthesis, particularly in the pharmaceutical and materials science industries. Its structure, featuring a boronate ester group, makes it a valuable intermediate in Suzuki-Miyaura cross-coupling reactions, which are widely employed to form carbon-carbon bonds in the synthesis of complex organic molecules, including drug candidates and advanced materials. The oxetane ring and carbamate group in its structure also contribute to its utility in designing molecules with specific biological activities or physical properties, such as improved stability or bioavailability. Additionally, it may be utilized in the development of boron-containing compounds for applications in medicinal chemistry, such as protease inhibitors or other therapeutic agents.