This compound is primarily utilized in the field of organic electronics due to its unique photophysical properties. It serves as a key component in the development of organic light-emitting diodes (OLEDs), where it enhances efficiency and color purity. The compound's chiral structure and rigid framework make it suitable for use in circularly polarized luminescence (CPL) materials, which are essential for advanced display technologies and optical sensors. Additionally, its ability to form stable thin films makes it valuable in the fabrication of organic photovoltaic devices, improving light absorption and charge transport.