Used as a key ligand in coordination chemistry, particularly in the formation of metal complexes for catalytic applications. Its structure allows strong binding with transition metals, making it valuable in designing catalysts for organic transformations such as oxidation and coupling reactions. Also employed in the development of photoluminescent and electroactive materials due to its ability to stabilize metal-to-ligand charge transfer states. Commonly found in research related to molecular devices, sensors, and supramolecular architectures where controlled metal-ligand interactions are essential.