This compound is primarily utilized in organic synthesis as a versatile intermediate, particularly in cross-coupling reactions such as Suzuki-Miyaura coupling. Its boronate ester group enables it to act as a key building block for constructing complex molecules, especially in the development of pharmaceuticals and agrochemicals. Additionally, its trifluoromethanesulfonamide moiety enhances its reactivity and stability, making it suitable for applications in medicinal chemistry where fluorine-containing compounds are often sought for their unique properties. It is also employed in the synthesis of advanced materials and ligands for catalysis, contributing to the development of innovative chemical processes.