This chemical is primarily used in the synthesis of complex carbohydrates and glycoconjugates. It serves as a key intermediate in glycosylation reactions, enabling the formation of glycosidic bonds with high stereoselectivity. Its application is significant in the production of oligosaccharides, which are essential in studying biological processes such as cell signaling and immune response. Additionally, it is utilized in the development of glycopeptides and glycolipids, which have potential applications in drug discovery and vaccine development. The compound's stability and reactivity make it a valuable tool in organic and medicinal chemistry research.