This chemical is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for optoelectronic devices. Its unique structure makes it an excellent candidate for use in organic light-emitting diodes (OLEDs), where it can enhance the efficiency and stability of the device. The compound's ability to form stable films and its high luminescent properties are advantageous for creating high-performance display screens and lighting solutions. Additionally, it is explored in the synthesis of chiral materials, which are crucial for applications in asymmetric catalysis and chiral sensing, offering potential in pharmaceuticals and fine chemical production.