Used as a hole-transporting material in organic light-emitting diodes (OLEDs), this compound helps improve device efficiency and stability. Its molecular structure supports good thermal stability and film-forming properties, making it suitable for use in blue phosphorescent OLEDs. It is often employed in the fabrication of display technologies and solid-state lighting due to its ability to effectively transport holes while maintaining high triplet energy levels, which is critical for preventing energy loss in blue emitters.