This compound is primarily utilized in the field of organic electronics, particularly in the development of advanced materials for optoelectronic devices. Its unique structure and properties make it suitable for use in organic light-emitting diodes (OLEDs), where it acts as a host material or emitter layer, enhancing device efficiency and color purity. Additionally, it is explored in the synthesis of chiral catalysts for asymmetric organic reactions, contributing to the production of enantiomerically pure compounds in pharmaceutical and fine chemical industries. Its potential in photovoltaics is also being investigated for improving the performance of organic solar cells.