Used as a phase-transfer catalyst in organic synthesis, facilitating reactions between compounds in different phases, particularly in aqueous and organic media. It is also employed in the preparation of zwitterionic polymers, which are useful in creating materials with unique properties like anti-fouling surfaces for biomedical devices. Additionally, it serves as a stabilizer in nanoparticle synthesis, ensuring uniform particle size and preventing aggregation. Its applications extend to the field of electrochemistry, where it is used to modify electrode surfaces, enhancing the efficiency of electrochemical reactions.