“Invalid provider specified” while creating provider-hosted SharePoint Add-ins

Question

Working to create provider-hosted SharePoint Add-ins for SharePoint online using VS2015 having installed all perquisites using MSDN tutorial facing an error pop message “Invalid provider specified”, I have googled it and found here on Microsoft Official Support site as it is a known issue and workarounds are mentioned there to solve it, I have tried these but still facing the same error message. If anyone have encounter this issue or have any idea to get rid of it. this error message pop up appears above the credentials window after selecting New Project => SharePoint Add-in from VS2015 start menu for reference screen shot is given.