This compound is primarily used in the field of materials science, particularly in the development of electrochromic devices. Its ability to undergo reversible redox reactions makes it suitable for applications in smart windows, which can change their transparency based on electrical stimuli, thereby regulating light and heat entry into buildings. Additionally, it is employed in the synthesis of organic electronic components, where its stable cationic nature facilitates the creation of conductive polymers and films. In research, it serves as a key intermediate for constructing complex molecular architectures, including supramolecular assemblies and coordination polymers, which are explored for their potential in catalysis, sensing, and drug delivery systems.