This compound is primarily utilized in the synthesis of complex carbohydrates and glycoconjugates, playing a crucial role in carbohydrate chemistry research. It serves as a key intermediate in the development of glycosidase inhibitors, which are important for studying enzyme mechanisms and designing therapeutic agents for conditions like diabetes and viral infections. Additionally, it is employed in the preparation of glycosylated natural products and pharmaceuticals, aiding in the exploration of their biological activities and potential medical applications. Its structural properties make it valuable for creating analogs in drug discovery and biochemical studies.