This chemical is widely used in coordination chemistry as a chelating agent due to its ability to form stable complexes with metal ions. Its structure allows it to bind to metal centers, making it valuable in the synthesis of metal-organic frameworks (MOFs) and other coordination polymers. These materials find applications in gas storage, catalysis, and separation processes. Additionally, it serves as a building block in the development of ligands for asymmetric catalysis, particularly in organic synthesis, where it helps in creating chiral environments for enantioselective reactions. Its role in stabilizing metal ions also makes it useful in biomedical research, such as in the design of metal-based drugs or imaging agents.