Used primarily in organic electronics, this compound functions as a hole-transporting material in OLED (organic light-emitting diode) devices. Its molecular structure supports high thermal stability and efficient charge transport, making it suitable for use in blue phosphorescent OLEDs. It is also employed as a host material in emissive layers, where it helps confine excitons and improve device efficiency. Due to the presence of carbazole units, it exhibits good triplet energy properties and hole mobility, which enhance the performance and longevity of optoelectronic devices. Additionally, it is investigated for use in perovskite solar cells as a dopant-free hole-transport layer to improve device stability and reduce manufacturing costs.