Used in organic electronics as an emissive layer component in OLEDs due to its luminescent properties. Its structure supports efficient charge transfer and light emission in thin-film devices. Also investigated as a fluorescent probe in biochemical assays for detecting specific enzymes involved in oxidative stress. Shows potential in photovoltaic cells as a sensitizer for improved light absorption. Exhibits antimicrobial activity in preliminary studies, making it a candidate for pharmaceutical development. Soluble in common organic solvents, which facilitates its use in solution-processed electronic devices.