Bob, TQ makes one heckuva "faux" smoke ring on a brisket! Rub it on, wrap for about 6-8 hours, and rinse well before applying rub & smoking...bam!
You probably don't want to use it in a brine, since it contains very small percentages of nitrites & nitrates. It is intended to be applied to the surface, kept in a bag, and rotated daily over several days. You can certainly do jerky this way; just mix your seasoning with it. Instacure #1 (Amazon, one small bag will last forever) is 6.5% nitrite, so it is very powerful stuff. It is intended to be used in a brine, where it is diluted.