This chemical is primarily utilized in the synthesis of peptides and amino acid derivatives, serving as a key intermediate in organic and medicinal chemistry. Its structure, featuring both benzyloxycarbonyl and tert-butoxycarbonyl protecting groups, makes it valuable for selective deprotection strategies during peptide synthesis. It is commonly employed in the development of biologically active compounds, including pharmaceuticals and research molecules, where precise control over amino acid functionalization is required. Additionally, it finds application in the preparation of chiral compounds, aiding in the study of stereochemistry and the production of enantiomerically pure substances. Its role in facilitating complex organic transformations underscores its importance in advanced chemical research and drug discovery.