This compound is primarily utilized in the field of organic synthesis, particularly in the preparation of complex molecules. It serves as a key intermediate in the synthesis of chiral compounds, where its unique structure aids in the formation of specific stereocenters. The tritylthio group in the molecule acts as a protective group for thiols, allowing for selective reactions to occur at other sites without interference. This chemical is also employed in peptide synthesis, where it helps in the construction of peptide chains with precise configurations. Additionally, its chiral nature makes it valuable in the development of pharmaceuticals, especially in creating enantiomerically pure drugs that require specific spatial arrangements for optimal biological activity.