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Stem cell banking or Umbilical cord blood banking is the process of storing precious umbilical cord blood obtained at the time of delivery for potential use in the future. Stem cell banking offers a healthy future for not just your baby but the entire family. Stem cells are cells with the potential to develop into many different types of cells in the body. They serve as a repair system for the body. There are two main types of stem cells: embryonic stem cells and adult stem cells. This blood is collected and sent to a cord blood bank, where the stem cells are separated, tested, processed, and preserved in liquid nitrogen. ... The stem cells can treat around 70 blood related disorders and genetic disorders including thalassemia, sickle cell anaemia, leukaemia, and immune related disorders. Stem cells originate from two main sources: adult body tissues and embryos. Scientists are also working on ways to develop stem cells from other cells, using genetic “reprogramming” techniques. Types of Stem Cells Embryonic stem cells. Tissue-specific stem cells. Mesenchymal stem cells. Induced pluripotent stem cells.