Used as a corrosion inhibitor for metals in acidic environments, particularly effective in protecting mild steel in hydrochloric acid solutions. Acts by adsorbing onto the metal surface, forming a protective layer that reduces corrosion rate. Also investigated for its antimicrobial properties against certain bacterial and fungal strains. Shows potential in electrochemical applications due to its electron-transfer capabilities. Its structure allows for use as a precursor in synthesizing heterocyclic compounds with biological activity.