This compound is primarily utilized in organic synthesis and carbohydrate chemistry as a protected glycoside intermediate. Its structure, featuring benzyl and benzoyl protecting groups, makes it a valuable precursor for the selective deprotection and further functionalization of sugar molecules. It is often employed in the synthesis of complex oligosaccharides and glycoconjugates, which are crucial in biological and pharmaceutical research. Additionally, it serves as a key building block in the development of glycosidase inhibitors and other carbohydrate-based therapeutics. Its stability and reactivity under controlled conditions make it a preferred choice for advanced glycosylation reactions in the study of glycobiology.