This chiral compound is widely used as a ligand in asymmetric catalysis, particularly in transition metal-catalyzed reactions. It plays a crucial role in enantioselective hydrogenation, where it helps produce chiral molecules with high optical purity. This is especially valuable in the synthesis of pharmaceuticals, agrochemicals, and fine chemicals, where the specific spatial arrangement of atoms can significantly impact the efficacy and safety of the final product. Additionally, it is employed in asymmetric carbon-carbon bond-forming reactions, such as cross-coupling and allylic substitution, enabling the creation of complex molecular structures with precise stereochemistry. Its robust performance and high selectivity make it a preferred choice in industrial and academic research settings.