This compound is primarily utilized in the field of organic synthesis as a versatile intermediate. Its structure, featuring both an oxadiazole ring and a nitrile group, makes it a valuable building block for the development of heterocyclic compounds. It is often employed in the synthesis of pharmaceuticals, particularly in the creation of molecules with potential biological activity, such as antimicrobial, antiviral, or anticancer agents. Additionally, it serves as a precursor in the preparation of agrochemicals, where it contributes to the development of pesticides and herbicides. Its reactivity also allows for its use in the design of functional materials, including polymers and dyes, where the oxadiazole moiety can impart specific electronic or structural properties.