Widely used as a chiral bidentate ligand in asymmetric catalysis, this compound plays a key role in enantioselective transformations. It is particularly effective in transition metal-catalyzed reactions such as hydrogenation, hydroformylation, and C–C bond formation, where high enantioselectivity is required. Due to its rigid stereochemistry and strong coordination to metals like rhodium, ruthenium, and palladium, it helps achieve excellent stereocontrol in the synthesis of pharmaceuticals and fine chemicals. Its applications are most prominent in research and industrial processes involving asymmetric synthesis, where precise chirality is critical.