As its name suggests, the **cord blood bank** provides conditions for **stem cells** found in cord blood to be collected under specific conditions and stored in a bank. This ensures that if stem cells are ever needed for transplantation, this valuable resource is readily available and can be used for the transplant. Alongside other current sources for obtaining stem cells, **cord blood**, which was once discarded as biological waste, has gained attention. The blood that circulates in the umbilical cord and placenta during a mother's pregnancy, and is discarded after birth, is a rich source of stem cells, particularly **hematopoietic stem cells**. These can be used in the treatment of malignant diseases such as **thalassemia**, various types of **blood cancers**, **immune system deficiency diseases**, and **congenital anemias** of blood origin.