Plasma donations are typically used to treat severe trauma, burns, shock injuries, certain conditions caused by cancer, liver issues, and clotting disorders. The process for donating plasma differs very little from donating blood, but other than taking a few extra minutes you wouldn't even realize it. The best part of donating plasma is that it can be frozen and stored for up to an entire year after you donate! AB is known as the universal blood type for plasma donations and can be given to anyone with any blood type.