This chemical is primarily utilized in organic synthesis and material science due to its unique boronic acid functional groups. It serves as a key building block in the development of covalent organic frameworks (COFs), which are porous materials with applications in gas storage, separation, and catalysis. Additionally, it is employed in Suzuki-Miyaura cross-coupling reactions, a widely used method for forming carbon-carbon bonds in the synthesis of pharmaceuticals, agrochemicals, and organic electronic materials. Its ability to interact with diols and sugars also makes it useful in the design of sensors and diagnostic tools for detecting biologically relevant molecules.