Used in organic electronics research as a dopant material for developing high-efficiency OLEDs. Its unique boron-nitrogen coordination enhances electron transport and improves device stability. Applied in emissive layers for display technologies and solid-state lighting prototypes due to its excellent luminescent properties and thermal stability. Also serves as a building block in synthesizing advanced optoelectronic materials, including potential applications in organic transistors. Currently primarily in laboratory development and not yet widely commercialized.