This chemical is widely used as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions such as hydrogenation, carbon-carbon bond formation, and oxidation processes. Its sterically hindered and rigid structure enhances enantioselectivity, making it valuable in the production of pharmaceuticals and fine chemicals. It is also employed in the development of chiral catalysts for organic transformations, enabling the synthesis of complex molecules with high optical purity. Additionally, it serves as a key component in the preparation of chiral materials for advanced research in organic chemistry and catalysis.