The umbilical cord (UC) has recently been added to the list of potential cell sources for tissue engineering and regenerative medicine purposes. Although the UC is usually discarded after delivery, UC storage in special tissue banks is becoming an increasingly common procedure. Indeed, the capacity of UC cells to be directed toward different phenotypes makes this tissue an ideal cell source for regenerative medicine in orthopedics and in other fields. In this paper, these issues are presented and discussed, together with the potential of this cell source for allogeneic use. This article also looks at the anatomy of the UC from both the macroscopic and the cellular perspective and considers its extraordinary potential for research and clinical applications. We often need to look to our past that to find the solutions and strength we need in our present and for our future life; sometimes our past, helping us to find our meaning, allows us to shape our future as an unexpected original composite of our time present and our time past. The force of these fascinating literary concepts is such that they extend beyond the bounds of pure philosophy and seem to suggest a direction for research in different scientific fields: one of these is tissue engineering. Certainly, these are insights that seem to fit perfectly with the growing interest in the use of the umbilical cord (UC) as a source of stem cells. The UC is our primary link to external space; it is also the fetal structure that supplies us with our first energy for living. Indeed, during pregnancy, the fetus is linked to the mother and her placenta by the UC, which envelops and protects umbilical vessels and provides cord blood to the fetus. The UC contains two umbilical arteries, an umbilical vein and a mucous proteoglycan-rich connective tissue, named Wharton's jelly after Thomas Wharton who first described it in 1656, covered by amniotic epithelium. Thus, five regions can be identified, each containing cells with features similar to those of the mesenchymal stem cells (MSCs) of other compartments of the human body. MSCs can be isolated from mononuclear cell fractions, from UC blood, from the subendothelial layer of the umbilical vein, from the outer layers of umbilical vessels (the perivascular region), from the intravascular space and from the subamnion region. The efficiency of cord blood, which seems to contain a small amount of mesenchymal precursor cells, is hampered by the low quantity of blood obtainable and a low success rate of isolation. Literature data suggest that the