This chemical is primarily utilized in the field of organic electronics and materials science due to its unique coordination properties and ability to form stable complexes with metal ions. It is often employed as a ligand in the synthesis of luminescent materials, particularly for creating organic light-emitting diodes (OLEDs) and photovoltaic devices. Its structure allows for efficient electron transport, making it valuable in the development of high-performance optoelectronic devices. Additionally, it is used in catalysis, where it facilitates various chemical reactions by stabilizing transition metal catalysts. Its application extends to research in supramolecular chemistry, where it aids in the study of molecular interactions and self-assembly processes.