This compound is widely used in peptide synthesis as a protecting group for amino acids, ensuring selective reactions during the formation of peptide bonds. Its propargyl group allows for click chemistry applications, enabling efficient conjugation with azide-containing molecules, which is valuable in bioconjugation and labeling studies. It is particularly useful in the development of bioactive peptides and pharmaceutical research, where precise control over molecular interactions is crucial. Additionally, it serves as a building block in the synthesis of complex organic molecules, facilitating the creation of novel compounds with potential therapeutic applications.