We introduce and analyze a novel quantum machine learning model motivated by convolutional neural networks. Our quantum convolutional neural network (QCNN) makes use of only (O(log(N))) variational parameters for input sizes of (N) qubits, allowing for its efficient training and implementation on realistic, near-term quantum devices. The QCNN architecture combines the multi-scale entanglement renormalization ansatz and quantum error correction. We explicitly illustrate its potential with two examples. First, QCNN is used to accurately recognize quantum states associated with 1D symmetry-protected topological phases. We numerically demonstrate that a QCNN trained on a small set of exactly solvable points can reproduce the phase diagram over the entire parameter regime and also provide an exact, analytical QCNN solution. As a second application, we utilize QCNNs to devise a quantum error correction scheme optimized for a given error model. We provide a generic framework to simultaneously optimize both encoding and decoding procedures and find that the resultant scheme significantly outperforms known quantum codes of comparable complexity. Finally, potential experimental realization and generalizations of QCNNs are discussed.