This chemical is primarily utilized as a chiral ligand in asymmetric synthesis, particularly in catalytic reactions where high enantioselectivity is required. It is often employed in metal-catalyzed transformations, such as asymmetric hydrogenation, where it helps to produce chiral molecules with high optical purity. Additionally, it finds application in the synthesis of complex organic compounds, including pharmaceuticals and fine chemicals, where controlling the stereochemistry of the product is critical. Its robust structure and ability to form stable complexes with transition metals make it a valuable tool in the development of enantioselective processes.