This compound is primarily utilized in organic synthesis as a versatile building block for the preparation of various heterocyclic compounds and pharmaceuticals. It serves as a key intermediate in the synthesis of imidate esters, which are valuable in the development of biologically active molecules. Additionally, it is employed in the modification of peptides and proteins, aiding in the study of their structure and function. Its applications extend to the field of agrochemicals, where it is used in the creation of pesticides and herbicides. The compound's reactivity makes it a useful reagent in the formation of carbon-nitrogen bonds, which are crucial in many chemical transformations.