Used primarily in the field of materials science, this compound serves as a building block for the synthesis of organic frameworks and coordination polymers. Its ability to form stable complexes with metal ions makes it valuable in the development of luminescent materials and sensors. Additionally, it is utilized in the creation of organic electronic devices, such as organic light-emitting diodes (OLEDs) and field-effect transistors (FETs), due to its electron-transport properties. In medicinal chemistry, it acts as a precursor for designing molecules with potential biological activity, particularly in targeting specific enzymes or receptors.