This compound is primarily utilized in peptide synthesis, where it serves as a protected amino acid derivative. The benzyloxycarbonyl (Cbz) groups act as protecting groups for the amino functionalities, preventing unwanted reactions during the synthesis process. This allows for the selective formation of peptide bonds in complex peptide sequences. Additionally, its chiral nature makes it valuable in the production of enantiomerically pure peptides, which are crucial in pharmaceutical research and drug development. The compound is also employed in the study of enzyme mechanisms and as a building block in the synthesis of biologically active molecules.