Used as a chiral reagent in asymmetric synthesis, particularly in enantioselective boron-based transformations. Its rigid bicyclic structure helps control stereochemistry during carbon-carbon bond formation, making it valuable in the synthesis of complex organic molecules such as pharmaceuticals and natural products. Commonly employed in allylboration reactions to produce homoallylic alcohols with high stereoselectivity. Also serves as a building block in the development of chiral catalysts and ligands for asymmetric catalysis.