Ouch, if this is true then its big trouble for DBIX.
It will not be big trouble for Dbix in fact it is good.
It will not be globally accessible, it will not be tradeable on the exchanges, it will not be decentralised in fact its just like the USDT for Dhirham... and infact we have the JAED that will be introduced by Jibrel network which will be the equivilant to USDT for Dhirham (AED).
Its like comparing a truck to a motorcycle. Arabianchain and Dbix is a smart contracts platform with endless possibilities Emcash is just an internal token.