This compound is primarily utilized in the field of organic synthesis and materials science due to its unique structural properties. Its chiral nature makes it valuable in asymmetric catalysis, where it can enhance the efficiency and selectivity of chemical reactions, particularly in the production of pharmaceuticals and fine chemicals. Additionally, its rigid and planar structure contributes to its use in the development of advanced materials, such as liquid crystals and organic semiconductors, which are essential for electronic devices and display technologies. The compound’s ability to form stable complexes also makes it a candidate for use in sensors and molecular recognition systems.