Used primarily in organic electronics, this compound serves as a key material in the development of organic light-emitting diodes (OLEDs). Its ability to fluoresce under UV light makes it valuable in creating efficient, high-performance light-emitting layers. Additionally, it is utilized in the synthesis of advanced polymers and liquid crystals, contributing to improved display technologies and optoelectronic devices. Its structural properties also make it a candidate for research in photonic and electronic applications, enhancing the efficiency of energy transfer in various systems.