Used as a chiral building block in asymmetric synthesis, particularly in the preparation of chiral ligands and catalysts. Its rigid diol structure makes it valuable in the development of enantioselective catalysts for organic transformations such as epoxidations, aldol reactions, and hydrogenations. Also employed in the synthesis of pharmaceuticals and natural products where stereochemical control is critical. Its ability to form stable complexes with metals enhances its utility in coordination chemistry and catalytic systems.