Used in specialized catalytic applications, particularly in reactions requiring platinum-based catalysts with enhanced stability. The compound serves as a precursor in the synthesis of other platinum complexes used in industrial organic transformations. It finds niche use in electrochemical research due to its redox properties and ability to form conductive films. Also employed in the preparation of luminescent materials and sensors, where bromine ligands contribute to specific reactivity and electronic tuning. Its role in material science includes doping agents for semiconductors and components in photoreactive devices.