(2,2'-Bipyridine)diiodonickel is primarily used in catalysis and materials science. It serves as a catalyst in various organic transformations, including cross-coupling reactions, which are essential in synthesizing complex organic molecules for pharmaceuticals and agrochemicals. Additionally, its unique electronic properties make it valuable in the development of coordination polymers and metal-organic frameworks (MOFs), which have applications in gas storage, separation, and sensing. The compound is also studied for its potential use in photochemical processes and as a precursor for nickel-based materials in electronic devices.