This compound is primarily utilized in organic synthesis as a building block or intermediate for the preparation of more complex molecules. Its structure, featuring both benzyl and tert-butyl protecting groups, makes it valuable in the synthesis of pharmaceuticals and biologically active compounds. The benzyl group can be selectively removed under mild conditions, allowing for further functionalization of the molecule. Additionally, the tert-butyl ester group provides stability during synthetic processes, making it a useful component in multi-step reactions. Its application is particularly significant in the development of peptidomimetics and other drug-like molecules where controlled deprotection and functional group manipulation are required.