This compound is primarily utilized in organic synthesis as a building block for the development of more complex molecules. It is often employed in click chemistry reactions due to the presence of the triazole group, which facilitates efficient and selective bond formation. The compound is also used in pharmaceutical research for the synthesis of drug candidates, particularly those targeting biological pathways involving triazole derivatives. Additionally, it serves as a precursor in the preparation of functionalized polymers and materials with potential applications in drug delivery systems and surface modification technologies. Its hydrochloride form enhances solubility, making it easier to handle in various chemical processes.