This compound is primarily utilized in the field of asymmetric catalysis, particularly in enantioselective synthesis. Its unique structure, featuring chiral bicyclic units, makes it highly effective as a ligand in transition metal-catalyzed reactions. It is often employed in the synthesis of complex organic molecules, including pharmaceuticals, where achieving high enantiomeric purity is crucial. Additionally, it finds application in the development of novel catalytic systems for carbon-carbon bond formation, such as cross-coupling reactions, where it enhances selectivity and efficiency. Its ability to stabilize metal complexes and control stereochemistry makes it a valuable tool in advanced organic synthesis.