Primarily used in the field of organic electronics, this compound serves as a key material in the development of light-emitting diodes (LEDs) and organic light-emitting diodes (OLEDs). Its unique structure allows for efficient electron transport and photoluminescence, making it ideal for use in display technologies and lighting solutions. Additionally, it is employed in the synthesis of advanced polymers and as a fluorescent probe in biochemical research, where its ability to emit light upon interaction with specific molecules aids in the study of cellular processes and molecular interactions.