This compound is primarily utilized in the field of organic electronics due to its excellent electron-transporting properties. It is often incorporated into the design of organic light-emitting diodes (OLEDs) and organic photovoltaic (OPV) devices, where it enhances efficiency and stability. Additionally, it serves as a key component in the synthesis of advanced materials, such as coordination polymers and metal-organic frameworks (MOFs), which are used in catalysis, sensing, and gas storage applications. Its ability to act as a ligand in coordination chemistry also makes it valuable in the development of luminescent materials and catalysts for organic transformations.