This chemical is primarily utilized in organic synthesis, particularly in cross-coupling reactions such as Suzuki-Miyaura couplings. It serves as a stable boronate ester precursor, enabling the formation of carbon-carbon bonds in the construction of complex molecules. Its tert-butoxycarbonyl (Boc) protected piperazine moiety allows for selective deprotection and further functionalization, making it valuable in pharmaceutical research and drug development. The trifluoroborate group enhances its stability and reactivity, facilitating efficient transformations in medicinal chemistry and materials science applications.