This compound is primarily utilized in the development of advanced materials, particularly in the field of organic electronics. It serves as a key component in the synthesis of chiral organic semiconductors, which are essential for creating high-performance organic light-emitting diodes (OLEDs). Its unique structural properties contribute to enhanced charge carrier mobility and improved device efficiency. Additionally, it is employed in the fabrication of circularly polarized luminescent materials, which are increasingly important in display technologies and optical sensors. The compound’s chiral nature also makes it valuable in asymmetric catalysis, enabling the production of enantiomerically pure compounds for pharmaceutical applications. Its versatility and stability further make it a promising candidate for research in optoelectronic devices and advanced functional materials.