This chemical is primarily used in the field of organic electronics, particularly in the development of organic light-emitting diodes (OLEDs) and organic photovoltaics (OPVs). Its structure, featuring carbazole and dioxaborolane groups, makes it an effective material for electron transport and hole-blocking layers in these devices. The compound’s ability to form stable thin films and its favorable electronic properties enhance the efficiency and longevity of OLED displays and solar cells. Additionally, it is utilized in research for synthesizing advanced polymeric materials with tailored optoelectronic characteristics, contributing to innovations in flexible electronics and energy harvesting technologies.